Fraud: Difference between revisions
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'''Fraud''' is obtaining [[ | '''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. | [[Lying]] is false representation but it is not necessarily fraud because the obtaining of good or services is a prerequisite. | ||
Revision as of 19:10, 15 February 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.