Which of the Following, If Any, Are Requisites for Fraud

question 57

Multiple Choice

Which of the following, if any, are requisites 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) All of these.
• E) Two, but not all of these.

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Definitions:

Business Relationships

The connections and interactions between a company and its customers, suppliers, partners, and other entities essential for its operation.

Brokerage Fees

Charges levied by a broker for executing transactions or providing specialized services.

Common Stock

A type of security that signifies ownership in a corporation, entitling the holder to a claim on part of the company's profits and assets.

Accrued Interest

Accrued Interest is the interest that has been incurred but not yet paid or received as of a specific date.