Examlex
A man breaks into an empty house,steals a few household items,and sneaks out of a window undetected.Which of the following did the man commit?
Willful Misconduct
Intentional wrongdoing or a reckless disregard for the safety and rights of others.
Internal Revenue Code
The comprehensive set of tax laws in the United States that govern federal tax obligations.
Securities Act of 1933
A U.S. federal law enacted to ensure more transparency in financial statements and to prevent fraud in the sale of securities, requiring that investors receive significant information about securities being offered for public sale.
Material Fact
An important fact that could influence a decision in a contract, negotiation, or legal case; its omission or misrepresentation could constitute fraud.
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