Which of the Following Is NOT an Element of Fraud

question 33

Multiple Choice

Which of the following is NOT an element of fraud?

• A) Material misrepresentation
• B) Competent parties
• C) Knowledge of falsity
• D) Justifiable reliance

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Definitions:

Expense Of Raising

The cost associated with generating funds or capital for a project, business, or investment.

Market Basket

A collection of goods and services used as a constant representative sample for measuring inflation or the cost of living.

Commodity Price Index

An index that measures the overall direction of commodity prices over time, typically involving agricultural products, metals, and energy goods.

The Economist

A weekly magazine focusing on global news, politics, economics, business, and finance.