Understanding Intentional Tort and Fraud

Understanding Intentional Tort and Fraud

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the concept of misrepresentation, where a material fact is intentionally misrepresented to another person, leading them to rely on it to their detriment. It covers how misrepresentation can be used to commit fraud, such as inducing someone to invest money based on false information. The tutorial also discusses the failure to disclose key material facts, which can also constitute fraud, as in the case of obtaining a bank loan without revealing crucial information. The video concludes by emphasizing the importance of material representation and its potential consequences.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the intentional activity of misrepresenting a material fact?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can misrepresentation induce someone to take action?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does reliance on material information play in cases of fraud?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the consequences of failing to disclose a material fact?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way can misrepresentation lead to fraud against a bank?

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