Intentional Deceit for Personal Gain May Be Unethical but It

question 21

True/False

Intentional deceit for personal gain may be unethical but it does not give rise to liability for fraud.

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Definitions:

Gold Jewelry

Ornamental items made of gold, often used as a form of adornment or investment.

Bus Tickets

Physical or electronic documents that allow an individual to travel on a bus for a specific journey.

Inferior Goods

Goods whose demand decreases as the income of the consumers increases, opposite to what is observed with normal goods.

Normal Good

A normal good is a type of good for which demand increases when income increases, and decreases when income decreases, showing a direct relationship between income and demand.