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Simple English definitions for legal terms

fraud in the inducement

Read a random definition: leges sacratae

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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windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
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