Which of the Following Is True in State V

question 23

Multiple Choice

Which of the following is true in State v. Mills?

• A) If a creditor extends credit in reliance upon security that is falsely represented to be adequate, he has not been defrauded if the debtor intends to repay the debt.
• B) There is no crime of false pretenses whenever a defendant intentionally has imposed a risk on the creditor that the creditor did not choose to take on, because there is no intention to defraud in such a case.
• C) Intent to repay a loan obtained on the basis of a false representation of the security for the loan is not a defense to a criminal charge of false pretenses.
• D) The crime of larceny should have been charged in this case. is designed to protect one's title interest.

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Definitions:

Two-way

A method or process involving mutual feedback, communication, or interaction, where both parties contribute to the exchange.

One-way

A mode of communication or interaction that involves a message being sent from one party to another without expecting or allowing for a direct response or feedback.

Large Firms

Corporations or businesses that have a significant number of employees, a large volume of sales, or substantial assets.

Small Firms

Businesses characterized by a limited number of employees, often viewed as more agile but with lesser resources compared to larger corporations.