One of the Main Elements of the Fraud Triangle Is

question 158

True/False

One of the main elements of the fraud triangle is rationalization.

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Definitions:

Superseding Cause

An intervening cause that alters the natural sequence of events and relieves the original party from liability in a legal context.

Causal Chain

A sequence of events where each event is the result of the previous one and causes the next, often used in legal and philosophical arguments.

Unforeseeable

Situations or events that could not have been predicted or expected with reasonable foresight.

Assumption of the Risk

Assumption of the risk is a legal doctrine whereby an individual acknowledges and accepts the known risks associated with an activity, often relieving another party of liability for harm that may result.