Intentional misrepresentation is commonly referred to as ________.
A. mutual mistake of a material fact
B. mutual mistake of value
C. fraud
D. unilateral mistake
Answer: C
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Which of the following statements about culture is true?
a. Culture is inborn from the moment of birth. b. Components of culture such as value of the individual, value placed on materialism, work ethic, etc. are distinct, unrelated elements. c. Stereotyping allows one to form accurate mental pictures of the main characteristics of another group. d. None of the above statements are true.
Planning includes
A. motivating employees. B. implementing necessary changes. C. determining rewards for goals achievement. D. analyzing current situations. E. attracting people to the organization.
Which of the following is a cash outflow?
A) an increase in accounts payable B) a decrease in notes receivable C) an increase in accounts receivable D) an increase in accrued liabilities
Financial managers should only accept investment projects that:
A. can increase the firm's market share. B. increase the current profits of the firm. C. earn a higher rate of return than the firm currently earns on its existing projects. D. earn a higher rate of return than shareholders can get by investing on their own.