In order to prove that fraud occurred, four elements must be present. Which of the following is not one 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

Quizplus · Accepted Answer

The four elements of fraud are: (1) a material false statement, (2) knowledge that the statement was false, (3) reliance on the false statement by the victim, and (4) damages suffered by the victim as a result. Intent to cause damages may be a factor, but it is not a necessary element of fraud.

In Order to Prove That Fraud Occurred, Four Elements Must