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Submitted: 836 days and 13 hours ago.
Category: Legal
Value: $15
Status: AWAITING CUSTOMER ACTION

Answer

The official definition would vary from state to state - however the essential elements are the same.
http://www.lrc.ky.gov/krs/514-00/040.PDF
The person profits by deception:

Example: I sell you a ring that I tell you is a diamond, and it turns out to be a cubic zirconium.

Edited by FamilyPhysician on 8/8/2007 at 12:03 AM

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Expert: FamilyPhysician
Pos. Feedback: 100.0 %
Accepts: 
Answered: 8/8/2007

MBA, MD

Legal-medicine issues, business law principles, lecturer in medical-legal issues

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