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What is the buyer's most likely description of Mindy's misrepresentation? Mindy is selling her storage business. She has owned the business for 18 years. In

What is the buyer's most likely description of Mindy's misrepresentation?

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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 all of the financial records in a file folder marked "financial reports" and presents them together with six other folders marked "employees," "vendors," "storage contracts," "collections," "state and local," and "miscellaneous," respectively. The largest folder is the "miscellaneous" folder, containing about 150 pages of documents. Mindy slips the most recent quarterly financial record into the middle of the documents contained in the "miscellaneous" folder before making all of the folders available to a prospective buyer. 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? Fraudulent assertion Concealment sity.instructure.com/courses/287961/quizzes/1367557 Quiz: Contract Defenses: Assent-Based Defenses: GOVT404: Undergraduate Contracts (B01) Nondisclosure Fraud in the execution

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