Question

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.

Answer 1

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

Step-by-step explanation:

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