Which of the following is NOT an element of fraud?
A) Material misrepresentation.
B) Competent parties.
C) Knowledge of falsity.
D) Justifiable reliance.

Name: Which of the following is NOT an element of fraud? A) Material misrepresentation. B) Competent parties. C) Knowledge of falsity. D) Justifiable reliance.
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Question

Quizplus · Accepted Answer

Competent parties are a requirement for a valid contract, not an element of fraud. Fraud involves misrepresentation, knowledge of falsity, and justifiable reliance.

Which of the Following Is NOT an Element of Fraud