Practice Quiz

Forensic Accounting

Category - Fundamental Forensic Knowledge

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Which of the following is also referred to as reliance?
  1. Actual cause
  2. Transaction causation
  3. Loss causation
  4. Legal cause
Explanation
Answer: B - There are certain types of causations. One of these is the transaction causation, which is also known as reliance. The concept of ‘but-for’ causation holds true in this case. The plaintiff’s injury in this case is based on the ‘transaction’ in question.
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