Which Among the Following Frauds Is Most Likely to Be

question 50

Multiple Choice

Which among the following frauds is most likely to be a civil charge?

• A)Racketeering
• B)Mail fraud
• C)Defamation
• D)Perjury

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Definitions:

Cancelling Contract

The legal act of nullifying an agreement, making it legally void and releasing all parties from their obligations under that agreement.

Remedy

in law, signifies the means by which a court of law enforces a right, imposes a penalty, or makes some other court order to impose its will in respect to a particular legal failure or injury.

Seller

An individual or entity that offers goods or services for sale to buyers in exchange for money or other compensation.

Lessor

The party in a lease agreement who owns the asset or property and grants its use to another party for a specific period, under certain conditions.