AnswersTX-Personal Financial Literacy and EconomicsManaging Financial InformationQuestion 1
1
AssignmentMultiple Choice

Managing Financial Information

Question 1 • TX-Personal Financial Literacy and Economics

Does this represent a case of fraud?

Answer
A
Yes. The seller lied about the phone when she claimed it was hers.
B
Yes. The seller lied about the phone when she said it “works perfectly.”
C
No, because it is up to you to be aware that sellers may lie.
D
No, because the seller met you as promised and did not charge more than advertised.
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