Social Icons

Saturday 27 August 2011

Fraud

Fraud has been defined as" The intentional mis-representation by one party to a contract of a material existing fact which is relied upon by the other party to have or his injury is fraud'
Element of fraud include:
  1. A mis-statement made with the intention to deceive.

  2. The mis-representation of a material existing fact.

  3. The deceived person justified in relaying on the statement.

  4. This person was damaged (in the legal sense) by the false statement.

0 comments:

Post a Comment

 

Sample text

Sample Text

Sample Text