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Why Is There a Requirement to Prove Reliance in Order

Question 71

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Why is there a requirement to prove reliance in order to recover for fraud? Why should the law not penalize a person who knowingly makes a false statement,regardless of whether the person to whom the statement is made can prove reliance? Would there be any practical problems if the reliance requirement were eliminated?

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Among other reasons,if there was no reli...

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