Whois & Analysis for rynoh.com

In law, fraud is deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Fraud itself can be a civil wrong (i.e., a fraud victim may sue the fraud perpetrator to avoid the fraud and/or recover monetary compensation), a criminal wrong (i.e., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities) or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

The purpose of fraud may be monetary gain or other benefits, such as obtaining a driver's license or qualifying for a mortgage by way of false statements.

Regulation is an abstract concept of management of complex systems according to a set of rules and trends.

In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

For example:

Financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.

Managerial finance is the branch of finance that concerns itself with the managerial significance of finance techniques.

It is focused on assessment rather than technique.

In regulatory jurisdictions that provide for this (a list including most or all developed countries with free market economies) Consumer protection is a group of laws and organizations designed to ensure the rights of consumers, as well as fair trade, competition, and accurate information in the marketplace.

The laws are designed to prevent the businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors.

They may also provide additional protection for those most vulnerable in society.

Consumer protection laws are a form of government regulation that aim to protect the rights of consumers.

For example, a government may require businesses to disclose detailed information about products—particularly in areas where safety or public health is an issue, such as food.