Bob,an Accountant,intentionally Misstates a Material Fact to Mislead Consolidated Industries,Inc

question 7

Multiple Choice

Bob,an accountant,intentionally misstates a material fact to mislead Consolidated Industries,Inc.,a client.Consolidated justifiably relies on the misstatement to its detriment.Bob is most likely liable for

• A)actual fraud.
• B)constructive fraud.
• C)destructive fraud.
• D)virtual fraud.

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Definitions:

Antibody Screening Test

A medical test used to detect the presence of antibodies in the blood, indicating exposure to a specific pathogen or disease.

Syndrome

A cluster of symptoms or conditions that occur together, indicating the presence of a particular disease or abnormality.

Symptoms

The physical or mental features that are regarded as indicating a condition or disease, often noticed by the individual affected.

Group

A collection of individuals who come together for a common purpose or share similar interests.