MLchartDataset catalogue

Fraud

Term · Law · MLC-T-LAW-002222

An intentional misrepresentation or concealment of a material fact made to induce another party to act to their detriment. It involves deceit, trickery, or breach of confidence for personal gain or to cause loss to another. To establish fraud, elements such as a false representation, knowledge of falsity, intent to deceive, reliance by the victim, and resulting damages must be proven.

Table 1. Record
IdentifierMLC-T-LAW-002222
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002222",
  "term": "Fraud",
  "field": "Law",
  "definition": "An intentional misrepresentation or concealment of a material fact made to induce another party to act to their detriment. It involves deceit, trickery, or breach of confidence for personal gain or to cause loss to another. To establish fraud, elements such as a false representation, knowledge of falsity, intent to deceive, reliance by the victim, and resulting damages must be proven.",
  "url": "https://mlchart.com/terminology/law/fraud/"
}

Record 2,130 of 5,441 in Law terminology (MLC-0107). Request the full dataset.