All of the following are required for an act to be legally classified as fraudulent except
A) a falsehood is made.
B) about a material fact.
C) to inflict pain.
D) resulting in a financial loss.

Question

Quizplus · Accepted Answer

Inflicting pain is not a required element for an act to be legally classified as fraudulent. The other three elements, making a falsehood about a material fact resulting in a financial loss, are generally required.

All of the Following Are Required for an Act to Be