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3 March, 10:58

Which of the following best describes the term fraud? - unintentional misrepresentation of financial statements - use of deception to persuade someone to surrender property - use of one's wealth to gain power and influence decisions - use of force to persuade someone to surrender property

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  1. 3 March, 12:18
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    Answer:use of deception to persuade someone to surrender property

    Explanation:

    Deception or trickery is one of the ways in which people deceive other people to gain wealth from their property or resources without these people being aware.

    A person can take someone's property by promising them that they will be paid a lump sum of money after every month only to find that this person will be making more money than what they give the owner.

    Fraud is always about manipulating the other person for your own personal gains.
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