Mindy is selling her storage business. She has owned the business for 18 years. In the last three years the business became unprofitable. The losses incurred by the business are reflected in its quarterly financial records and other records. The worst loss the business incurred was in the most recent business quarter. Mindy places 18 years of financial records in a file folder marked "financial reports" together with six other folders marked "employees," "vendors," "storage contracts," "collections," "state and local," and "miscellaneous" respectively.  Before presenting the records to a prospective buyer, Mindy removes the most recent quarterly financial record. If the buyer claims Mindy did not disclose the most recent losses in the sale of the storage business, what is the buyer's most likely description of Mindy's misrepresentation?