Liam, an adjuster for KLM Insurance, is inspecting hail damage on Ken's property. Once his investigation is complete, Liam tells Ken that his final settlement amount is $5,500, writes him a check, and closes the claim. In order to save his employer money, Liam did not tell Ken that he has a Replacement Cost endorsement and can recover the depreciation after he completes repairs. Liam has just:

Liam, an adjuster for KLM Insurance, is inspecting hail damage on Ken's property. Once his investigation is complete, Liam tells Ken that his final settlement amount is $5,500, writes him a check, and closes the claim. In order to save his employer money, Liam did not tell Ken that he has a Replacement Cost endorsement and can recover the depreciation after he completes repairs. Liam has just:



Answer: engaged in misrepresentation.

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