In Proving Fraud, Which of the Following Is True in Case

question 18

Multiple Choice

In proving fraud, which of the following is true in case of reliance by the victim?

• A) The reliance need not be solely on the false assertion.
• B) The defendant can win a case by demonstrating that the plaintiff would have assented to the contract even without misrepresentation.
• C) If the victim fails to read documents which give him the true facts, he can complain that he relied on contrary statements.
• D) The rule of reliance applies to statements about the occurrence of events in the past, present, and future.
• E) If the statement is one that concerns matters peculiarly within the person's purview, he would be held to have justifiably relied on the other party's false assertion.

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Definitions:

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the cost of the investment.

Sales to Investment

A ratio that measures the efficiency of a firm in generating sales from its investments in assets.

Salaries

Regular payments made to employees for their services, typically expressed as an annual amount but paid in intervals (e.g., monthly or biweekly).

Departmental Personnel

Employees or staff members who work within a specific department of an organization.