All of the Following Statements Refer to an Element of Fraud

question 21

Multiple Choice

All of the following statements refer to an element of fraud except:

• A) the defendant desired to obtain a financial benefit.
• B) the defendant made a false statement.
• C) the defendant knew that the statement was false or was recklessly indifferent regarding its truth.
• D) the defendant intended for the other party to rely on the false statement.

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Definitions:

PDQ Stock

is not a widely known key term and might refer to a specific stock symbol or an abbreviation within a particular context. Assuming it's not widely recognized, the answer would be NO.

Expected Return

The return an investor believes is most likely on an investment—that is, the investor understands that the actual return may be somewhat different in certain investments like stocks. The mean of the probability distribution of returns.

Selling Price

The amount of money for which a product or service is sold to customers.

Dividend

A portion of a company's earnings distributed to its shareholders, usually in cash or as shares.