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Which of the Following Statements Is True of a Material

Question 69

Multiple Choice

Which of the following statements is true of a material fact?


A) It means to act knowingly and with a specific intent to deceive someone, ordinarily for bringing financial gain to oneself or causing financial loss to that person.
B) It is a plan or a program designed to take from a person the tangible right of honest services.
C) It is important to a reasonable person in deciding whether or not to engage in a particular transaction.
D) It can be a defense to a contract and can also form the basis of a civil tort action.
E) It is a statement or representation that is known to be untrue or is made with reckless indifference to its truth or falsity.

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