A Misrepresentation of a Material Fact Is Actionable as Fraud

question 65

True/False

A misrepresentation of a material fact is actionable as fraud only if it occurs by words.

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Definitions:

Variance of Returns

A measure used to quantify the volatility of returns from an investment, indicating the dispersion of returns around the mean.

Squared Deviations

The squared differences between each data point in a set and the set's mean, used in statistical analysis to measure variance.

Air-over-hydraulic Brakes

A braking system that uses air pressure to control the hydraulic fluid movement, thereby combining the advantages of both air and hydraulic braking systems.

Hydraulic Booster Assemblies

Components designed to enhance the efficiency of hydraulic systems by increasing the pressure or force applied within the system.