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What is the legal term for fraud?

Updated: 8/17/2019
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Lococrazy

Lvl 1
14y ago

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Fraud is generally defined in the law as an intentional misrepresentation of material existing fact made by one person to another with knowledge of its falsity and for the purpose of inducing the other person to act, and upon which the other person relies with resulting injury or damage. Fraud may also be made by an omission or purposeful failure to state material facts, which nondisclosure makes other statements misleading.

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14y ago
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Q: What is the legal term for fraud?
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