Asked by
Lucky Thinane
on Nov 28, 2024
Verified
A professional can be held liable for constructive fraud whether or not he or she acted with fraudulent intent.
Constructive Fraud
Conduct that is treated as fraud under the law even when there is no proof of intent to defraud, usually because of the existence of a special relationship or fiduciary duty.
Fraudulent Intent
The deliberate intention to deceive another party for unlawful gain or to deprive a victim of a legal right.
- Grasp the implications of fraud in professional practice, including both actual and constructive fraud.
Verified Answer
MM
Learning Objectives
- Grasp the implications of fraud in professional practice, including both actual and constructive fraud.