reliance

Definition of "reliance"
  1. Dependence on the statements or actions of another person or entity, which in certain situations could result in a potential fraud claim
How to use "reliance" in a sentence
  1. His reliance on his financial adviser's recommendations led him astray.
  2. If reliance on these false promises is established, it may result in a lawsuit.
  3. The company suffered losses due to undeniable reliance on the supplier's fraudulent statements.

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