Which of the Following Is Not a Condition in the Fraud

question 50

Multiple Choice

Which of the following is not a condition in the fraud triangle?

• A)Rationalization
• B)Incentive
• C)Conversion
• D)Opportunity

Understand the implications of loan-specific features such as adjustable rates, balloon payments, and government backing.

Grasp the priority rules in the event of competing interests.

Recognize the significance and process of recording a mortgage.

Understand the concepts of intellectual property and copyright laws.

---

Definitions:

Specific Information

Detailed data and facts relevant to a particular topic, context, or issue, used to make informed decisions.

Personality Traits

Enduring characteristics that describe an individual's behavior, attitude, and emotions.

Individual Differences

Variations among people in their thinking, emotion, personality, and behavior.

Visibility

The degree to which actions, decisions, or processes are observable, transparent, and open to scrutiny by outside parties.