Good Faith as a Defense to a Charge of Fraud

The video discusses the concept of fraud, which requires intentional deceit, and contrasts it with good faith, where any misrepresentation is accidental. Good faith serves as a defense against fraud charges, although lesser crimes may still apply. The video emphasizes that good faith negates the intent required for fraud.

What is the primary requirement for an action to be considered fraud?

• Reckless conduct

• Negligent behavior

• Intentional deceit

• Accidental misrepresentation

How does good faith differ from fraud?

• Good faith involves intentional deceit

• Good faith is a form of fraud

• Good faith is based on accidental actions

• Good faith requires reckless behavior

Which of the following is true about good faith in legal terms?

• It is irrelevant in legal cases

• It is equivalent to fraud

• It can be a defense against fraud

• It is always a crime

What can good faith be used as a defense against?

• Reckless conduct

• All forms of deceit

• Intentional fraud

• Accidental misrepresentation

What might be a lesser crime related to misrepresentation?

• Good faith actions

• Negligent or reckless misrepresentation

• Accidental misrepresentation

• Intentional deceit