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.
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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.
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Answer:
e. on intangible factors, perceptions, and multiple parties
Explanation:
Firms are unable to determine accurately how much customers are willing to pay because of intangible factors like taste, preference, and cultural beliefs that are hard to guage.
Also consumers make decisions based on perception of value they will derive from a product.
Finally multiple partners play a role in customer decision, where there are multiple choices in the market consumers have wide variety to choose from.
Answer:
D) Permit limited private ventures
Explanation:
An absolute command economy will not permit limited private ventures since it is practicing a socialist or communist political and economic system. In a socialist system all means of production is controlled by the state and liberty to private enterprise is restricted.
Answer:
Yes, raising cattle is land intensive.
Explanation:
In the US there are fewer cowboys per acre of land than wheat farmers per acre of land.
In other countries that do not have a lot of land, generally cows are raised in feed lots and there are much more cowboys per acre of land working, as well as much more cows per acre of land.
So therefore, we can say that raising cattle is land intensive compared to farming wheat because more land is used than labor.
Answer:
Explanat
Remember, your skill at choosing that product or service is critical to your success. The most important thing you can do before deciding what to sell is to think. And the more you think about a product or service before you bring it to market, the better your decisions will be.