Answered

Failure to disclose a material fact for the purpose of misleading another party is best described as:

A. Exaggeration
B. Fraud
C. Concealment
D. Misrepresentation



Answer :

Final answer:

Concealment in business involves intentionally hiding important information to deceive, falling under fraud.


Explanation:

Concealment is the best description of failing to disclose a material fact for the purpose of misleading another party. It involves intentionally hiding important information to deceive. This act falls under the category of fraud as it involves dishonesty and misrepresentation.


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