Fraud In The Inducement Legal Meaning and Definition

Here is a simplified definition of the legal term Fraud In The Inducement.

Fraud in the Inducement (noun)

Fraud in the Inducement refers to a deceptive practice aiming to trick someone into taking some action they would not ordinarily take if they knew the truth. This kind of fraud often involves false statements about the benefits or requirements tied to an action. For instance, dishonestly claiming that a certain accessory must be purchased according to law.