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Has debbie committed fraud against patrick

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Question: Debbie and Patrick are negotiating over the sale of Debbie's coin collection. Patrick is ready to pay $4,000 for the collection, but hasn't yet mentioned that figure to Debbie. Debbie tells Patrick (falsely), "I just had this collection appraised, and its value us $4,000." Patrick believes Debbie, and agrees to pay $4,000 for the collection. If a real appraiser were to assess this collection, it would be worth no more than $1,800 on the open market. Has Debbie committed fraud against Patrick?

Reference no: EM133573126

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