Common Law Fraud Flashcards
1
Q
Five elements of fraud
A
Misrepresentation of a material fact or an omission
Actual reliance
Intent to induce reliance
Damages
Scienter (intent to deceived or reckless disregard for the truth)
Five elements of fraud
Misrepresentation of a material fact or an omission
Actual reliance
Intent to induce reliance
Damages
Scienter (intent to deceived or reckless disregard for the truth)