Difference between revisions of "Fraud"

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[[Lying]] is false representation but it is not necessarily fraud because the obtaining of good or services is a prerequisite.
 
[[Lying]] is false representation but it is not necessarily fraud because the obtaining of good or services is a prerequisite.
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[[Category:Concepts]]

Latest revision as of 10:45, 1 March 2011

Fraud is obtaining property by false representation.

Being late is fraud, because it is a breach of an agreement where time was obtained.

Lying is false representation but it is not necessarily fraud because the obtaining of good or services is a prerequisite.