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Essay Archive - Fraud
Fraud
What is a Fraud? A fraud is when one party deceives or takes unfair
advantage of another. A fraud includes any act, omission, or concealment,
involving a breach of legal or equitable duty or trust, which results in
disadvantage or injury to another. In a court of law it is necessary to prove
that a false representation was made as a statement of fact, that was made with
the intent to deceive and to induce the other party to act upon it. It must be
proven that the person who has been defrauded suffered a injury or damage from
the act.
Who commits a fraud and why?....
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