Which of the following is not an element of criminal fraud?
A) False representation of a material fact
B) The representation was meant to deceive
C) There was reasonable reliance on the false representation
D) There must be damages
E) The damages must be $500 or greater

Question

Quizplus · Accepted Answer

The requirement that damages must be $500 or greater is not a general element of criminal fraud. Criminal fraud typically requires a false representation of a material fact, intent to deceive, reasonable reliance by the victim, and resulting damages, without specifying a minimum amount.

Which of the Following Is Not an Element of Criminal