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fraud

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.03 sec.

fraud

In law, an act of deception resulting in injury to another. To establish fraud it has to be demonstrated that (1) a false representation (for example, a factually untrue statement) has been made, with the intention that it should be acted upon; (2) the person making the representation knows it is false or does not attempt to find out whether it is true or not; and (3) the person to whom the representation is made acts upon it to his or her detriment.

A contract based on fraud can be declared void, and the injured party can sue for damages.



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? Mentioned in ? References in classic literature
 
The Sheep, fearing some fraud was intended, excused herself, saying, "The Wolf is accustomed to seize what he wants and to run off; and you, too, can quickly outstrip me in your rapid flight.
The unhappy girl committed suicide on discovering the fraud to which she had been subjected.
But Glinda was now really angry, and sent word to Jinjur that the fraud was discovered and she must deliver up the real Mombi or suffer terrible consequences.
 
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