Examlex
Which of the following would be classified as a prevention cost on a quality cost report?
Concealment
The act of hiding or withholding information that is material to a decision or agreement, often considered fraudulent in legal contexts.
Active Steps
Measures or actions taken with deliberate effort and intention toward achieving a specific goal.
Fraudulent Misrepresentation
Involves knowingly making a false statement with the intent to deceive, leading another party to enter into a contract.
Mutual Mistake
A misunderstanding among all parties involved in a contract, making the contract potentially voidable.
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