Question

In: Operations Management

How important is a deceived party’s reliance on another’s misrepresentation to establishing a case against a...

How important is a deceived party’s reliance on another’s misrepresentation to establishing a case against a deceiving party?

Give other examples from your real life or the news of fraud and discuss.

Solutions

Expert Solution

There are four important elements of fraud, namely:

  1. The false representation of the facts was made by the wrong-doer (deceiving party).
  2. The misrepresentation of facts was intended to deceive the other party (deceived party).
  3. The deceived party should have relied on the deceiving party’s misrepresentation of facts.
  4. The innocent or the deceived party was injured.

The above elements indicate that in order to prove the case against the deceiving party, it is highly important that the innocent party should have relied on the deceiving party.

A classic example from my personal life is that my friend replied to a call for interview email to go the United States for work. All the facts sent by the interviewer was a complete misrepresentation of facts and the innocent party (my friend) completely relied on those facts in such a way that she even sent money to the interviewer for visa formalities. Later, she came to know that she has been deceived and it was an act of fraud.


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