Gary accuses Helen, a broker with Investment Services, of fraudulently inducing him to invest in Junkbonds Inc., after the company's stock price declines in value. The reliance that gives rise to liability for fraud requires A. seller's talk.

B. puffery.

C. misrepresentation of a fact knowing that it is false.

D. a subjective statement.

Question

Timothy Elliott

Social Studies

19 May, 15:38

Gary accuses Helen, a broker with Investment Services, of fraudulently inducing him to invest in Junkbonds Inc., after the company's stock price declines in value. The reliance that gives rise to liability for fraud requires A. seller's talk.

B. puffery.

C. misrepresentation of a fact knowing that it is false.

D. a subjective statement.

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Answers (1)

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Oswaldo Wallace · Answer 1

C. misrepresentation of a fact knowing that it is false.

Explanation:

The reliance that gives rise to liability for fraud requires misrepresentation of a fact knowing that it is false.