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  • July 2005 (Revised August 2006)
  • Background Note
  • HBS Case Collection

Deception in Business: A Legal Perspective

By: Lynn S. Paine and Christopher Bruner
  • Format:Print
  • | Pages:7
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Abstract

Discusses several of the most important prohibitions on deception found in U.S. law, starting with the basic elements of liability for fraud and moving to important antifraud provisions in federal statutes, restrictions on "misrepresentation" in consumer and contract law, deceptive nondisclosure, and forms of sales "puffery" that are not legally actionable.

Keywords

Crime and Corruption; Lawfulness

Citation

Paine, Lynn S., and Christopher Bruner. "Deception in Business: A Legal Perspective." Harvard Business School Background Note 306-019, July 2005. (Revised August 2006.)
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About The Author

Lynn S. Paine

General Management
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  • What Does 'Stakeholder Capitalism' Mean to You?: A Guide to the Four Main Types By: Lynn S. Paine
  • Corporate Leaders Say They Are for Stakeholder Capitalism—But Which Version Exactly?: A Critical Look at Four Varieties By: Lynn S. Paine
  • Strive Asset Management By: Suraj Srinivasan, Lynn S. Paine and Aldo Sesia
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