Fraud: Difference between revisions
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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. | ||
[[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.