Jane holds out a piece of paper for her boss and points to the signature line, saying, "This is a receipt for goods we received a little while ago." The boss signs it. If it is not a receipt; but a signature line on a promissory note, Jane has committed _____.

Question

Quizplus · Accepted Answer

By presenting the signature line as a receipt, Jane deceived her boss in executing the document, and she committed fraud in the execution. If the document was a promissory note, she tricked her boss into signing a document with different terms than he believed, so it was fraud in the inducement. However, the question clearly states that the document is a receipt, so the correct answer is A.

Jane Holds Out a Piece of Paper for Her Boss