Explain the general concept of fraud

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1. Explain the general concept of Fraud. Identify, explain, and give examples of the 5 common types of fraud.

2. Explain how consumers can improve their shopping practices by becoming informed consumers. Give examples to demonstrate understanding.

3. Explain credence goods and give examples. Chose 1 major credence service and identify and explain how consumers can improve their experience.

4. Research and report on ways to keep yourself and your family safe from fraudulent activity on the web. Explain why this is important.

Reference no: EM132879831

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