In order to prove that fraud occurred, four elements must be present. Which of the following is notone of those elements?

a. A material false statement

b. Knowledge that the statement was false

c. Reliance on the false statement by the victim

d. Intent to cause the victim damages

Question

Business

Alexzander Galvan

20 September, 02:41

In order to prove that fraud occurred, four elements must be present. Which of the following is notone of those elements?

a. A material false statement

b. Knowledge that the statement was false

c. Reliance on the false statement by the victim

d. Intent to cause the victim damages

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Answers (1)

Know the Answer?

Guadalupe Mcclain · Answer 1

D) Intent to cause the victim damages

Explanation:

In order for fraud to exist, the person committing it must make make some type of false statement or forge some type of document. The fraudster must also forge this documents on purpose. I don't know if there is a way to forge something without knowing. Someone else, a third party (the victim or someone else) must need the forged documents for some specific purpose, and since they are false, someone is going to be financially hurt.

In order to prove that fraud occurred, four elements must be present. Which of the following is notone of those elements?a. A material false statementb. Knowledge that the statement was falsec. Reliance on the false statement by the victimd. Intent to cause the victim damages

In order to prove that fraud occurred, four elements must be present. Which of the following is notone of those elements?

a. A material false statement

b. Knowledge that the statement was false

c. Reliance on the false statement by the victim

d. Intent to cause the victim damages