9:00 - 7:00

Our Opening Hours Mon. – Fri.

Menu
 

Inducement Fraud 101:

Ross Pitcoff Law > Legal Advice  > Inducement Fraud 101:

Inducement Fraud 101:

Fraud Inducement occurs when a person intentionally tricks another into signing an agreement to one’s disadvantage by using fraudulent statements and/or representations.

 

Because fraud negates the “meeting of the minds” required of a contract, the injured party can seek damages or terminate the contract altogether.

 

Since fraud in the inducement is illegal, it can render the contract voidable, thereby releasing the injured party from any obligation to it. If the court finds that fraud occurred, the violating party can be held liable for compensatory damages, and possibly even punitive damages if the conduct complained of is shocking in nature.

 

To learn more or to speak with an attorney at Ross Pitcoff Law, click the link below and we will be sure to reach out to you within the next 24 hours.  

No Comments

Leave a Comment