Jeffrey became a victim of fraud when he entered a pyramid scheme which turned out to be a scam.In order to claim damages,Jeffrey has to prove which of the following?
A) good faith on part of the fraudster
B) motive of the fraudster
C) economic injury
D) involvement in the pyramid scheme
Correct Answer:
Verified
Q1: _ is a mistake made by both
Q1: A contract may be rescinded on the
Q4: The term scienter means _.
A) good faith
B)
Q5: A contract in which both parties are
Q8: While measuring economic injury,the measure of damages
Q9: Which of the following constitute a mutual
Q10: Which of the following is true of
Q11: Which of the following describes "scienter"?
A) knowledge
Q29: _ occurs if a person is deceived
Q32: Intentional misrepresentation is commonly referred to as
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