For an Action to Be Called Fraudulent, All of the Following

question 154

Multiple Choice

For an action to be called fraudulent, all of the following conditions are required except

• A) poor judgment
• B) false representation
• C) intent to deceive
• D) injury or loss

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; vagueness or uncertainty.

Small Business

An independently owned and operated company that is limited in size and in revenue depending on the industry.

Strategic Standpoints

Positions or perspectives taken with the intention of achieving long-term goals or objectives.

Flexibility

The ability of an individual or organization to adapt to changes, challenges, or unexpected circumstances in a prompt and efficient manner.