Opportunity,pressure and Rationalization Are the Three Elements of the Fraud

question 95

True/False

Opportunity,pressure and rationalization are the three elements of the fraud triangle.

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Definitions:

Surplus

The amount of an asset or resource that exceeds the portion that is utilized.

Pennsylvania System

A penal system based on solitary confinement and rehabilitation of the prisoner.

General Contractor

A principal contractor who is responsible for the execution, completion, and day-to-day oversight of a construction project.

Lien Rights

Legal claims or rights against a property that are created to secure payment of a debt or performance of an obligation.