Mark Fails to Reveal a Material Fact in a Business

question 24

Multiple Choice

Mark fails to reveal a material fact in a business deal with Nancy. This constitutes fraud

• A)if Mark is unaware of the fact and the failure.
• B)if the amount of consideration received is grossly inadequate.
• C)if the fact concerns a serious defect known to Mark and unlikely to be known by Nancy.
• D)under any circumstances.

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Definitions:

Smuggle Drugs

The illegal transport of drugs from one place to another, typically to circumvent legal restrictions or enforcement.

Rehabilitated

Describes someone who has been successfully restored to health or normal life through a process of education, therapy, or training.

Violence in Prisons

Refers to the occurrence of hostile or aggressive behaviors within a prison setting, involving inmates or between inmates and staff, often indicative of broader systemic issues.

Prison Officers

Individuals responsible for the supervision, safety, and security of prisoners in jails, prisons, and other detention facilities.