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What is the legal definition of fraud?

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10 Posted

What is the legal definition of fraud?

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10

There are several definitions but i opted for the following: Fraud Deceitful conduct designed to manipulate another person to give something of value by (1) lying, (2) by repeating something that is or ought to have been known by the fraudulent party as false or suspect or (3) by concealing a fact from the other party which may have saved that party from being cheated.

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