Fraud Is an Intentional Deception or Misrepresentation That an Individual

question 45

True/False

Fraud is an intentional deception or misrepresentation that an individual knows to be false or does not believe to be true and makes knowing that the deception could result in some unauthorized benefit to himself/herself or some other person.

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Definitions:

Greatest Good

A principle, often associated with utilitarianism, that actions are right in proportion as they tend to promote the overall happiness or welfare of the greatest number of people.

Rule Deontology

An ethical theory that suggests morality is grounded in adherence to abstract, universal principles or duties, where the morality of an action is determined by whether it complies with a set of pre-established rules or duties.

Act Deontology

A moral theory that emphasizes the importance of individual actions in ethical decision-making, focusing on the adherence to moral principles or duties.

General Moral Principles

Fundamental guidelines that govern ethical and moral behavior, acting as the foundation for distinguishing between right and wrong.