Asked by
Duane Hodgson
on Nov 29, 2024
Verified
There are two distinct types of fraud.
Fraud
Purposeful misleading to achieve unlawful benefits or to cheat someone out of their legitimate rights.
Distinct Types
Refers to different, recognizable categories or variants within a group or collection, each with specific characteristics that set them apart from others.
- Understand the differences among various forms of fraud, such as fraud in the inducement, and their effects on contractual agreements.
Verified Answer
VP
Learning Objectives
- Understand the differences among various forms of fraud, such as fraud in the inducement, and their effects on contractual agreements.