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Business Frauds

Commercial frauds of various manifestations have become widespread for the past years. This essay traces the causes of deceit and fraud with exemplifications and illustrations of fraud.

Details

language		english
wordcount		3080 (cca 8.5 pages)
contextual quality		N/A
language level		N/A
price		free
sources		2

Table of contents

Introduction 1
DECEPTIONS AND FRAUDS 1
MERCHANDISE FRAUDS 3
WHY DOES FRAUDS PERSIST? 4
INTERESTING ARTICLE ON FRAUD 5
Works Consulted 7

Preview of the essay: Business Frauds

BUSINESS FRAUDS Deceptions and frauds in whatever form have no place in civilized society. Yet, they continue to persist – particularly in the field of business. For as long as man is motivated by greed, they will always be present in our society. Both acts are illegal, immoral and hence, unethical as well. Primarily characterized by the presence of malicious intent, they try to take advantage of the weakness of gullible persons and consumers and of the prevailing situation. In deception, there is double-dealing and duplicity, trickery and prevarication. Frauds include deceit many not reach the gravity of a fraud, but of a pretty sort. Fraud is commonly actionable at law; cheating for the most part our of the reach of legal proceedings. Deceit is especially applied to the habit; deception; to the act. Deceit always involves injurious intent. Fraud, as a legal term, is ...
... harm or loss is the last visible result. The usual observation that a victim has run out of luck is no longer the easy rule to follow for job seekers.” In conclusion, the article said: “The more modern come-on in practice now has the sophistication of the latest in computer technology. Research is not the monopoly of progressive industries. Persons of many talents in the con business await themselves of the benefits of research of their victim’s frame of mind. “How can fraud thrive without knowledgeable persons on the prowl of more victims? Reading minds correctly give swindlers the decisive advantage.”

Essay is in categories

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Economics

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Economics

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Humanistic Studies

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Law

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Comments

Benjamin I.

Since time immemorial, the different forms of commercial fraud have made business a less reliable institution. However, one can not make a sweeping generalization that all businessmen are crook and crude. There are members of the trade who are honest, fair and concerned with their patron's interest.

Princess R.

Of the essays that I have read, yours is one of the most cogent and logical in apporahc. The readers will definitely appreciate reading your essay in same manner as I did.

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