Keyword Analysis & Research: black law dictionary definition of fraud

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What are the legal elements of fraud?

In the United States, common law generally identifies nine elements needed to establish fraud: (1) a representation of fact; (2) its falsity; (3) its materiality; (4) the representer’s knowledge of its falsity or ignorance of its truth; (5) the representer’s intent that it should be acted upon by the person in the manner reasonably contemplated; (6 ...

What is the legal meaning of fraud?

Legal Definition of fraud. : fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud — compare extrinsic fraud in this entry.

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