What are the requisite elements of fraud?
The requisite elements of fraud include:
1. a false representation
2. of fact
3. that is material and
4. is made with knowledge of its falsity and with intention to deceive
5. is justifiably relied upon, and
6. causes injury to the plaintiff.
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The World Bank had developed a classification system whereby economies are divided into groups according to their ________
A) purchasing power parity (PPP) B) gross domestic product (GDP) C) human development index (HDI) D) gross national income (GNI)
The costs incurred for Job A are: Total labor and overhead $37,225 Total other direct costs $10,775 The bid price for the job if the company made a 40 percent profit on the bid price is:
a. $60,000 b. $64,000 c. $80,000 d. $66,667
"Authorization was received from the IRS" is an example of a sentence using active voice
Indicate whether the statement is true or false
After preparing a bank reconciliation, adjustments must be made for items reconciling the bank balance.
Answer the following statement true (T) or false (F)