Which of the Following Is Not Generally Considered an Advantage

question 46

Multiple Choice

Which of the following is not generally considered an advantage of specialization?

• A) High productivity
• B) Lower wage costs
• C) Ease of training employees
• D) Low equipment costs
• E) All of the choices are advantages

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Definitions:

Actual Fraud

Actual fraud refers to intentional deception or misrepresentation made by one party with the knowledge of its falsehood, intending to persuade another party to part with something of value or to surrender a legal right.

Constructive Fraud

A situation where dishonesty is presumed by the nature of the transaction, despite the absence of intent to deceive.

Innocent Misrepresentation

A false statement made without knowledge of its falsity, leading another to enter into a contract they otherwise might not have.

Remedies

Legal means through which a right is enforced or a violation of a right is compensated.