Question

veek 3TIomewUIK нер Check m For each definition (or portion of a definition) in the first column, select the term that most closely applies. Each term may be used only once or not at all. Partial (or Complete) Definition Term Misrepresentation by a person of a material fact, known by that person to be untrue or made with reckless indifference as to whether the fact is true, with intent to deceive and with the result that another party is injured. a. Intent to deceive, manipulate, or defraud. This concept is used in the 1934 Securities Exchange Act to establish auditor b. liability. c. Written law created by state or federal legislative bodies. Unwritten law that has developed through court decisions it represents judicial interpretation of a society's concept of d. fairness. Damage to another is directly attributable to a wrongdoer's act. This issue may be raised as a defense in litigation-that is, the defense may argue that some other factor caused the loss. e. < Prev 3 of 4 Next> arch A a

Answer 1

S.No.	Partial or complete definition	Term
1.	Misrepresentation by a person of a material fact , known by a person to be untrue or made with recless indifference as to whether fact is true , with intent to deceive and with the result that another party is injured.	Fraud
2.	Intent to deceive , manipulate or defraud . this concept is used in the 1934 Securities Exchange Act to auditor Liability	Scienter
3.	Written law created by state or federal legislative	Statutory law
4.	Unwritten law that has developed through court decisions it represents judicial interpretation of a society’s concept of fairness	Common law
5.	Damage to another is directly attributable to wrongdoer’s act. This issue may be raised as a defense litigation –that is , the defense may argue that some other factor caused the loss.	Proximate cause