Question

Will falsely states a material fact to Jacqueline, who relies on it to her detriment. Will's statement ______ constitutes fraud?

1) constitutes fraud - nothing more is necessary
2) constitutes fraud only if both justified reliance and the intent to deceive are present
3) will prompt a court to consider whether Jacqueline's damages were significant enough to warrant further action
4) none

Answer 1

Will's false statement to Jacqueline constitutes fraud only if both justified reliance and the intent to deceive are present.

Step-by-step explanation:

In this scenario, Will makes a false statement to Jacqueline, who relies on it to her detriment. The question is whether Will's statement constitutes fraud. To answer this, we need to consider the elements of fraud. Generally, fraud requires both justified reliance by the victim and the intent to deceive by the person making the false statement. Therefore, the correct answer is option 2) constitutes fraud only if both justified reliance and the intent to deceive are present.