Final answer:
The term you're looking for when describing intentional deceit causing loss of property and legal injury is 'Fraud.' Misrepresentation involves distorting the truth, but fraud has a deliberate intent to harm and is often associated with corporate crime like embezzlement. Option B is correct.
Step-by-step explanation:
The intentional and successful employment of any cunning, deception, collusion, or artifice, used to circumvent, cheat or deceive another person whereby that person acts upon it to the loss of property and to legal injury is known as B. Fraud. This is because fraud involves deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Misrepresentation involves the distortion of truth or data, whereas fraud typically requires a deliberate intent to deceive and cause some kind of harm.
As a comparison, corporate crime such as embezzlement is an example where fraud could be at play within a business setting. In the context of studies or experiments, it's important to differentiate between harmful deception and the controlled use of deception to maintain the integrity of a study, which would include a complete debriefing for the participants once the study is concluded.