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LSDefine

Simple English definitions for legal terms

fraud in the inducement

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A quick definition of fraud in the inducement:

Fraud in the inducement is when someone tricks another person into signing a contract by lying or making false promises. This makes the contract not valid because both parties did not agree to the same thing. The person who was tricked can ask for money or cancel the contract. In some places, the person who was tricked can still choose to keep the contract even if they know they were lied to. To prove fraud in the inducement, the person who was tricked must show that the other person lied on purpose and that the lie was important. This is different from when someone signs a contract without knowing what it says, which is called fraud in the execution.

A more thorough explanation:

Fraud in the inducement is when someone tricks another person into signing a contract by using lies or false information. This makes the contract invalid because both parties did not agree to the same terms. The person who was tricked can either ask for money to make up for the harm caused or cancel the contract altogether.

For example, if someone sells a car to another person and lies about the car's condition, that is fraud in the inducement. If the buyer finds out about the lies, they can either ask for money to fix the car or cancel the sale.

In order to prove fraud in the inducement, the person who was tricked must show that the other person made a false statement, knew it was false, and intended to deceive them.

fraud | fraud-on-the-market theory

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so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
9:42
My name is renard99 and I just sent @babycat feet pics
glovediedthisishismom
9:42
nobody is at the office today they should let little glovey go home and watch harry potter
Dkk
9:49
Lmfao, Gross
Dkk
9:49
@glovediedthisishismom: Watch it at the office!
Dkk
9:50
Proton vpn and https://en.solarmovie-official.lol/
let little glovey go home!
babycat
9:55
it’s true he sent me feet pics (unsolicited!)
babycat
9:56
poor little glovey
babycat
9:56
it’s illegal to make you work on a snow day
BulbasaurNoLikeCardio
9:57
Free feet pics sounds like you saved some money
snow
9:59
wish it was snowing in texas rn
Dkk
9:59
Man, hate this conversation cus it just reminds me of the gay guy that used to always ask me for them.
BulbasaurNoLikeCardio
9:59
That cold snap that hit texas is heaven though, opening windows in the house and using the fireplace
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