3Ed_CCH_Forensic_Investigative_Accounting_Ch10

Forseeability that a prudent person could look into

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Unformatted text preview: party. Forseeability--That a prudent person could look into the future and see that the actions of the offending party would damage the other party to the litigation. Chapter 10 Forensic and Investigative Accounting 3 Two Types of Harm Tort--The occurrence of the harmful act itself is wrongful. Breach of contract--A failure without excuse or justification to fulfill one's obligations under a contract. Chapter 10 Forensic and Investigative Accounting 4 Two Types of Damages Restitution--When the harmful act unjustly enriches the defendant at the expense of the plaintiff. Reliance--When the harmful act is fraud and the intent of damages is to restore the plaintiff to the position as if no promises had been made....
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