Answered

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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

Sagot :

GinnyAnsweridn

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.


Learn more about Business ethics here:

https://brainly.com/question/33100233


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