The Elements of Fraud Include All of the Following EXCEPT

question 4

Multiple Choice

The elements of fraud include all of the following EXCEPT:

• A) a material point is misrepresented.
• B) the misrepresentation is intentional.
• C) the misrepresentation is known to the victim.
• D) the victim must sustain damages.

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Definitions:

Personality Conflicts

Disagreements or incompatibilities between individuals due to contrasting personalities.

Economic Reasons

Factors or motives rooted in economic theory or practice that explain certain decisions or behaviors.

Industry Language

Specialized vocabulary and terms used within a specific field or profession, known and understood by those within the industry.

Company Name

The official designation of a business entity under which it operates and is legally registered.