Option B is correct. Good faith is a complete defense to fraud as it is inconsistent with the defendant's intent to defraud or willfulness, purposes essential to the charges.
About Fraud
Fraud is a criminal offence as well as a civil tort. Allegations of fraud in civil litigation may be based on a negligently made or intentionally made factual misrepresentation. In order for a remark to be intentionally untrue, the speaker must have either known it was wrong or been careless about its veracity. Additionally, it must have been the speaker's intent for the listener to rely on the assertion. Then the promise must have been reasonably relied upon by the hearer, and that reasonable reliance must also have resulted in harm.
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