. Which of the following wrongful acts committed by an employee constitutes fraud?
A. Libel.
B. Embezzlement.
C. Assault.
D. Harassment.
Answer (B) is correct.
REQUIRED: The employee act constituting fraud.
DISCUSSION: Fraud is defined in The IIA Glossary as "any illegal act characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the threat of violence or physical force. Frauds are perpetrated by parties and organizations to obtain money, property, or services to avoid payment or loss of service; or to secure personal or business advantage. “Embezzlement is the intentional appropriation of property entrusted to one's care. The embezzler converts property to his or her own use and conceals the theft.
Answer (A) is incorrect. Libel is defamation published in a relatively permanent form (newspaper, letter, film, etc.).
Answer (C) is incorrect. The tort of assault entails another placing in reasonable fear of a harmful or offensive bodily contact.
Answer (D) is incorrect. Harassment is the act of persistently annoying another.