The Fraud Triangle Represents a Geographic Area in Southeast Asia

question 92

True/False

The fraud triangle represents a geographic area in Southeast Asia where international fraud is prevalent.

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Definitions:

Breach

The act of breaking or failing to observe a law, agreement, or code of conduct.

Damages

Compensation claimed by a party in a lawsuit for losses or injuries suffered as a result of another party's actions or failure to act.

Course Of Dealing

Previous commercial transactions between the same parties.

Course Of Performance

The history of dealings between the parties in the particular contract at issue.