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The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to:________

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The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

What is Fraud?

  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: https://brainly.com/question/20357860

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