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Chapter 13
Chapter 13 - Key Terms
| Question | Answer |
|---|---|
| fraud | a deceptive act or statement deliberately made by one person in an attempt to gain an unfair advantage over another (page 285) |
| negligent misrepresentation | supplying false information and failing to exercise reasonable care in obtaining or communicating it in a business transaction (page 294) |
| puffing | statements of opinion made by a seller to induce the purchaser to buy (page 634) |
| waiver | intentional surrender of a know right or privilege (page 294) |