Which of the following statements is true of fraud?
A) Fraud is only applicable for the intentional misrepresentation of property.
B) The victim of a fraud need not be injured in any way for it to be a tort as long as the victim can prove that the defendant committed the fraud.
C) Fraud can be proved by giving evidence that one was harmed by another failing to disclose a material hidden fact.
D) Fraud is only applicable in cases involving financial transactions in business settings.
E) Fraud is always a tort and not a crime.

Question

Quizplus · Accepted Answer

Fraud can be proved by giving evidence that one was harmed by another failing to disclose a material hidden fact. The fraud of failure to disclose arises when a defendant is under a legal duty to disclose a fact, such as when a defendant seller knows that the foundations of a house are weakened by termites and must disclose this to a buyer.

Which of the Following Statements Is True of Fraud