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WHAT IS A FRAUDULENT INDUCEMENT?


Fraudulent inducement is a business tort and that involves a dishonest or fraudulent intent to lure somebody into a contract through some means of misrepresentation. The person ends up entering the contract based on false statements. They were basically lied to and that’s how they procured their promise in accordance with that contract. Having a fraud in the inducement claim, it can unwind the contract and then can also expose the person who committed the fraud to damages.

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