Fraud in inducement occurs when the party does not know the terms of the contract.

Name: Fraud in inducement occurs when the party does not know the terms of the contract.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fraud in inducement occurs when the party is induced to enter into a contract based on false or misleading information or statements. The party may know the terms of the contract but has been deceived into entering into it.

Fraud in Inducement Occurs When the Party Does Not Know