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For the injured party to claim fraud, he or she must prove all of the...

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Accounting

For the injured party to claim fraud, he or she must prove all of the following of the statement or act EXCEPT that it:
Multiple Choice
was a misstatement or nondisclosure of a material fact.
was made with no knowledge of its falsity or with reckless disregard of its truth.
was relied on by the injured party.
resulted in loss to the injured party.
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