All of the following statements refer to an element of fraud except:
A) the defendant desired to obtain a financial benefit.
B) the defendant made a false statement.
C) the defendant knew that the statement was false or was recklessly indifferent regarding its truth.
D) the defendant intended for the other party to rely on the false statement.

Question

Quizplus · Accepted Answer

The desire to obtain a financial benefit is not a required element of fraud; rather, fraud involves making a false statement, knowing that statement is false or being recklessly indifferent to its truth, and intending for someone else to rely on that false statement.

All of the Following Statements Refer to an Element of Fraud