The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part

Question

IrinaK [193]

1 year ago

12

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part

y amounts to:________

Business

1 answer:

wolverine [178] · Answer 1 · 2023-12-22T18:05:59+03:00

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>

It is a form of deception or an unlawful gain.
It is an intentional form of deception that can have various criminal consequences.
There are various kinds of frauds like bank fraud, insurance fraud etc..
It is committed with the intention of gaining an unauthorized benefit.
it can occur in various domains like finance, real estate, insurance etc.
Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4