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Which of the following must be present for a fraud to exist?
Suggested Answer: D
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15 comments · newest first
SH
Sheldon
3 months ago
All of them must be present for it to count as fraud.
BL
Blair
3 months ago
I feel like C is often overlooked, but it's vital.
EL
Elvera
3 months ago
I agree with D. Each part plays a role in fraud.
WI
William
3 months ago
A is important, but B and C are also key.
VA
Valentine
3 months ago
Definitely! Without all three, it's not fraud.
HA
Halina
3 months ago
I think D is the right answer. All elements are crucial.
JU
Junita
4 months ago
Not sure about C, seems a bit iffy to me.
MA
Maddie
4 months ago
Totally agree, it has to be all of them!
BE
Bette
4 months ago
Wait, can fraud exist without a material false statement?
DO
Dortha
5 months ago
I think B is the most crucial.
MA
Mabel
6 months ago
Definitely all of the above!
EL
Elsa
6 months ago
I’m a bit confused about whether knowledge of the false statement is always needed. I think I saw a case study that suggested it might not be.
HE
Hermila
6 months ago
I feel like option D makes the most sense since fraud usually involves all those elements, but I could be wrong.
LA
Lashawnda
6 months ago
I remember a practice question that emphasized the need for a false statement and reliance, but I can't recall if knowledge of the falsehood was also required.
AN
Antonio
7 months ago
I think all of them are important, but I'm not entirely sure if all are necessary for fraud to be proven.