Which is the best definition of fraud?

Name: Which is the best definition of fraud?
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Fraud involves intentionally making false statements or misrepresenting information with the intent to deceive or manipulate a situation for personal gain. Unknowingly misrepresenting facts or using business supplies for personal use may be improper conduct, but they do not necessarily constitute fraud. Misappropriating funds for personal financial gain is a common example of fraud, but it is not the only type.

Which Is the Best Definition of Fraud