(Filed 14 December, 1938.) 1. Fraud § 1 — Definition of actionable fraud. The elements of actionable fraud are a definite and specific representation which is materially false, made with knowledge of its falsity or in culpable ignorance of its truth, and with intent that it should be relied on, and which is reasonably relied on by the other party to his deception and damage. 2. Same — The remedies for actionable fraud apply to contracts and sales of both real and personal property. 3. Fraud § 11:
(1) PURPOSE.-The purpose of this section is to remedy the evil of giving checks, drafts, bills of exchange, debit card orders, and other orders on banks without first providing funds in or credit with the depositories on which the same are made or drawn to pay and satisfy the same, which tends to create the circulation of worthless checks, drafts, bills of exchange, debit card orders, and other orders on banks, bad banking, check kiting, and a mischief to trade and commerce. (2) WORTHLESS CHECKS