Which of the Following Is True of a Material Fact

question 34

Multiple Choice

Which of the following is true of a material fact?

• A) It means to act knowingly and with a specific intent to deceive someone, ordinarily for financial gain or causing financial loss to that person.
• B) It is a plan or a program designed to take from a person the tangible right of honest services.
• C) It is important to a reasonable person in deciding whether or not to engage in a particular transaction.
• D) It can be a defense to a contract and can also form the basis of a civil tort action.
• E) It is a statement or representation that is known to be untrue or is made with reckless indifference as to its truth or falsity.

---

Definitions:

Bias

A systematic error or deviation from true measurements, observations, or interpretations, often resulting from a particular preference or viewpoint.

Subjectivity

The quality of experiences, perceptions, and feelings that exist within the mind of an individual, influenced by personal perspectives and biases.

Arctic Tundra

A cold, vast, treeless region found in the Arctic where the subsoil is permanently frozen, supporting a limited range of plants and animals adapted to cold climates.

Arctic Foxes

A small mammal native to arctic regions known for its fur that changes color with the season, providing camouflage.