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Dougherty Argues That Although Knowledge of Another's Deal Breakers Is

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Dougherty argues that although knowledge of another's deal breakers is not always easy to come by, especially if the person does not know them him- or herself, such knowledge is unnecessary for a deceiver to lack a victim's valid consent.


Definitions:

Taxing Authorities

Governmental bodies responsible for imposing and collecting taxes, such as the Internal Revenue Service (IRS) in the United States.

Accounting Rules

The standardized guidelines and procedures for recording financial transactions and preparing financial statements.

Loan Covenants

Agreements or stipulations within a loan contract that the borrower must adhere to, intended to protect the lender by maintaining certain financial ratios or conditions.

Credit Risks

The risk of loss resulting from a borrower's inability to repay a loan or meet contractual obligations.

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