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

question 5

Multiple Choice

Obie accuses Portia,a broker with QT Financial Services,of fraudulently inducing him to invest in Risky 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:

Genetic Factors

Components of an individual's genetic makeup that influence various traits, including physical characteristics, behaviors, and susceptibility to certain diseases.

Childhood Memories

Recollections of past events that occurred during one's childhood, often influencing one's personality, behaviors, and perceptions in adulthood.

Respondent Behavior

A type of behavior that occurs as an automatic response to a specific stimulus, typically conditioned through association.

Operant Behavior

Behavior that is controlled by its consequences, including rewards and punishments, in the context of behaviorism.