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West Palm Beach Business Litigation Attorneys / Videos / What are the elements of fraud?

What are the elements of fraud?

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Transcript:

Essentially in the state of Florida the elements of fraud are as follows. One, a false statement made concerning a material fact. Two, the person making the statement knows the statement to be false. Three, it was made to induce another person to act on the statement. Four, the person receiving the statement relies on it and performs certain acts and finally, damages.

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