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Originally Posted by Peter_Spaeth
I would add to that summary that failure to disclose a material fact with intent to deceive can also be fraud, it doesn't necessarily require an affirmative misrepresentation.
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That’s a good point. Concealment of a material fact can also be fraud, but I believe it’s fraud only when there is a duty to disclose. Typically, real estate transactions have a duty to disclose material facts. I’m not sure whether there is a duty to disclose when selling personal property like sports cards.