Final answer:
Fraud is the act or statement intended to deceive another, such as making a promise without intending to perform it or suppressing the truth.
Step-by-step explanation:
The act or statement intended to deceive another, such as making a promise without intending to perform it or suppressing the truth, is fraud. Libel, defamation, and slander refer to false statements made about someone, but they are specific to written (libel) or spoken (slander) communication and do not necessarily involve deception.