Obie Accuses Portia,a Broker with QT Financial Services,of Fraudulently Inducing

question 72

Multiple Choice

Obie accuses Portia,a broker with QT Financial Services,of fraudulently inducing him to invest in Riske Development Company,whose stock price declines in value.The reliance that gives rise to liability for fraud requires​ 

• A) ​a subjective statement. 
• B) ​misrepresentation of a fact knowing that it is false. 
• C) ​puffery. 
• D) ​seller's talk.

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Definitions:

Media Richness

The capacity of a communication medium to effectively convey information and promote understanding, often depending on its ability to handle multiple cues, facilitate feedback, and establish personal focus.

Uncertainty

The state of having limited knowledge or lack of sureness about the present or future, often causing stress or indecision.

Ambiguity

The quality of being open to more than one interpretation; lack of clearness or definiteness in meaning or intention.

Face-To-Face

Direct interaction between people in the same physical location, promoting more personal communication and connection.