Final answer:
The question deals with the marketing of returns without proper disclosure, which constitutes misrepresentation and is considered fraud.
Step-by-step explanation:
If the return is being marketed without qualification disclosure, it is considered fraud. The correct answer to this question is A. Misrepresentation. This refers to the act of making false or misleading statements about a product or service. In the context of marketing returns on an investment, for example, not disclosing qualifications, risks, or other important information deliberately is a deceptive practice and is not permitted by law or ethical marketing standards.