The Three Main Components of the Fraud Triangle Are

question 139

Multiple Choice

The three main components of the fraud triangle are:

• A)rationalization,opportunity and greed.
• B)opportunity,motive and lack of ethics.
• C)motive,opportunity and rationalization.
• D)none of the above.

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Definitions:

Periodic Tenancy

A tenancy agreement that automatically renews for a fixed period, such as monthly or yearly, until notice is given to terminate it.

Tenancy from Month to Month

A rental agreement where the lease period is for one month, automatically renewing each month until either the landlord or tenant decides to terminate it.

Tenancy at Sufferance

A situation where a tenant remains in possession of property after the expiration of the lease, without the consent of the landlord but without being evicted.

Landlord's Rights

Legal rights afforded to landlords, including the right to collect rent, manage property, and evict tenants under certain conditions.