alleryStart learning →Not disclosing a material fact needed in accounts breaches which item?
A2nd Sch Part I item 5
B2nd Sch Part II item 1
C1st Sch Part I item 5
D1st Sch Part III item 2
Answer & Solution
Correct answer: A. 2nd Sch Part I item 5
Item (5) of Part I of the Second Schedule covers failing to disclose a material fact known to him that is necessary in the statement.
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