- 1 Marks
Question
Fraudulent intents include the following EXCEPT an intent to
A. Permanently deprive the owner of the thing
B. Use the thing as a pledge or security
C. Part with a thing on a condition as to its return that the person taking it may be unable to perform
D. Deal with the thing in such manner that it cannot be returned in substantially the same condition as it was when it was taken
E. Use it for a limited time
Answer
Answer: E
Explanation:
Option E is the correct answer because using something for a limited time does not constitute fraudulent intent if it is done with permission and within legal boundaries. The other options describe actions that involve deceit or the intention to cause loss or harm.
- Tags: Business Ethics, Fraud, Legal Intent
- Level: Level 1
- Topic: Business Ethics and Corporate Governance
- Series: MAY 2017
- Uploader: Kwame Aikins