Which of the Following Statements May Be Grounds for a Misrepresentation

question 80

Multiple Choice

Which of the following statements may be grounds for a misrepresentation, innocent or fraudulent, to occur?

• A) "This car is the best-looking car in its price class."
• B) "This is the best car that money can buy."
• C) "This car gets 32 miles per gallon in highway driving."
• D) "This car has the most comfortable ride you can buy."

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Definitions:

Default

Default refers to the failure to repay a loan according to the terms agreed to in the promissory note.

Federal Unemployment Tax Return

This is a tax form filed by employers to report the federal unemployment taxes they have paid, used to fund state workforce agencies.