State RegulationsCO specificDifficulty 1/5
Which of the following is NOT an unfair misrepresentation under C.R.S. § 10-3-1104(1)(a)?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
C.R.S. § 10-3-1104(1)(a) expressly excepts written, factual comparisons that allow the applicant to make an informed decision — honest side-by-side analysis is lawful and encouraged. The other choices are enumerated violations: misstating benefits or terms, making false financial-condition statements, and presenting a life policy as a security.
Why the other options are wrong
- A) Misstating dividends or terms is the core misrepresentation prohibited by the subsection.
- C) False statements about financial condition are expressly enumerated as misrepresentation violations.
- D) Presenting a life policy as a security mischaracterizes the product and is prohibited by the same subsection.
Memory hook
Facts in writing inform; fiction in any form misrepresents.