For an action to be called fraudulent,all of the following conditions are required except
A)poor judgment
B)Representation
C)intent to deceive
D)injury or loss

Question

Quizplus · Accepted Answer

Poor judgment may contribute to the occurrence of a fraudulent action, but it does not necessarily need to be present for the action to be labeled as fraudulent. The other three conditions - representation, intent to deceive, and injury or loss - are crucial in defining an action as fraudulent.

For an Action to Be Called Fraudulent,all of the Following