For Fraud to Occur,three Things Must Exist

question 88

True/False

For fraud to occur,three things must exist.

---

Definitions:

Civil Suit

A legal proceeding in which one party seeks to hold another party liable for a wrong done, usually resolved with compensation rather than criminal sanctions.

Uniform Simultaneous Death Act

A legal statute used to determine inheritance when two or more people die at the same time or under circumstances where the order of death is unclear.

Simultaneous Deaths

A legal concept usually applied in inheritance law, where two or more people die at the same time or under circumstances where it's not possible to determine the order of deaths, affecting the distribution of their estates.

Trust Claim

A legal claim asserting that property or assets should be held and managed by one party for the benefit of another.