If Joe introduces himself as Dr. Early to sell to Gensol, knowing that people will assume that he was a medical doctor, but he never tells anyone that he is, would contracts entered into be considered fraudulent?
Probably, since he is giving his opinions of the merits of Gensol.
Probably not, because there is no statement of a material fact since he did not say he was a medical doctor.
Probably not, because he would have scienter.
Probably, because he would have scienter.