Asked by Shriyam Jairath on May 16, 2024
Verified
As demonstrated in the case in the text,Stephen A.Wheat Trust v.Sparks,concealment can provide a basis for a claim of fraud.Which of the following statements about concealment is false?
A) Concealment is not used to support a claim of fraud in cases involving the sale of real property.
B) Concealment is equivalent to an assertion.
C) Concealment is taking active steps to prevent another from learning the truth.
D) Concealment can be the basis for a claim of misrepresentation.
Concealment
The act of hiding information or a fact, often leading to legal implications if material facts are withheld in a transaction.
Claim Of Fraud
A legal allegation that an individual or entity intentionally deceived another to cause harm or loss, typically financial.
Real Property
Land and anything permanently attached to it, such as buildings or structures, which is considered immovable.
- Learn about the judicial consequences and reparations linked to deceit and fraudulent actions.
- Differentiate between the various factors that can affect the enforceability of a contract such as concealment, duress, and undue influence.
Verified Answer
Learning Objectives
- Learn about the judicial consequences and reparations linked to deceit and fraudulent actions.
- Differentiate between the various factors that can affect the enforceability of a contract such as concealment, duress, and undue influence.
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