fraud in the inducement
| Noun | 1. | fraud in the inducement - fraud which intentionally causes a person to execute and instrument or make an agreement or render a judgment; e.g., misleading someone about the true facts |
| 单词 | fraud in the inducement | |||
| 释义 | fraud in the inducement
fraud in the inducementfraud in the inducementn. 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: fraud, extrinsic fraud) fraud in the inducement
Words related to fraud in the inducement
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