Which of the Following Is Not a Requisite for Fraud

question 41

Multiple Choice

Which of the following is not a requisite for fraud in the inducement?

• A) False representation of a fact that is material.
• B) Representation is made with knowledge of its falsity and the intention to deceive.
• C) The representation is justifiably relied on.
• D) Monetary loss of over $1,000.

---

Definitions:

Competitiveness

A personal or organizational trait characterized by a desire to outperform others or excel in a particular activity or field.

Narcissistic Personality Disorder

A condition involving a long-term pattern of exaggerated self-importance, need for admiration, and lack of empathy.

Schizoid Personality Disorder

A personality disorder characterized by a long-standing pattern of detachment from social relationships and a limited range of emotional expression.

Schizotypal Personality Disorder

A mental health condition characterized by severe social anxiety, thought disorder, paranoid ideation, derealization, transient psychosis, and often unconventional beliefs.