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Because Fraud Actions Necessarily Involve Wrongful Conduct,courts May Award Punitive

question 32

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Because fraud actions necessarily involve wrongful conduct,courts may award punitive damages.


Definitions:

Marketplace

Any venue, physical or digital, where goods, services, or information are exchanged between buyers and sellers.

Consumer's Needs

The fundamental requirements that customers seek to satisfy when they purchase goods or services.

Exchange

The trade of things of value between the buyer and the seller so that each is better off as a result.

Value

The importance, worth, or usefulness of something perceived by someone or the society.

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