Utah Affirmative Defense: Fraud

Elements of fraud:

1. a false statement about a material fact
2. made knowing it was false or made recklessly and without regard for its truth
3. intention that the other party would rely on the statement
4. reasonable reliance on the statement
5. damages.

References:

Yazd v. Woodside Homes Corp., 143 P.3d 283 (Utah 2006).

Armed Forces Insurance Exchange v. Harrison, 70 P.3d 35 (Utah 2003).

Gold Standard, Inc. v. Getty Oil Co., 915 P.2d 1060 (Utah 1996).

Taylor v. Gasor, Inc., 607 P.2d 293 (Utah 1990).

Dilworth v. Lauritzen, 18 Utah 2d 386, 424 P.2d 136 (1967).

Child v. Hayward, 16 Utah 2d 351, 400 P.2d 758 (1965).