fraud in the inducement

fraud in the inducement
fraud in the inducement see fraud

Merriam-Webster’s Dictionary of Law. . 1996.

fraud in the inducement
n.
Fraud in which a person is misled about the details of a transaction or contract and enters into an agreement under a false impression about what is involved.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


fraud in the inducement
The use of deceit or trick to cause someone to act to his or her disadvantage, such as signing an agreement or deeding away real property. The heart of this type of fraud is misleading the other party as to the facts upon which that person will base his or her decision to act. Example: "There will be tax advantages to you if you let me take title to your property," or "You don't have to read the rest of the contract — it is just routine legal language" but actually includes a balloon payment.
Category: Business, LLCs & Corporations

Nolo’s Plain-English Law Dictionary. . 2009.

fraud in the inducement
n.
   the use of deceit or trick to cause someone to act to his/her disadvantage, such as signing an agreement or deeding away real property. The heart of this type of fraud is misleading the other party as to the facts upon which he/she will base his/her decision to act. Example: "there will be tax advantages to you if you let me take title to your property," or "you don't have to read the rest of the contract-it is just routine legal language" but actually includes a balloon payment.
   See also: extrinsic fraud, fraud

Law dictionary. . 2013.

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Look at other dictionaries:

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