West Palm Beach Business & Personal Injury Attorneys
The Big Firm Alternative.℠
Turn to us for your legal needs!
Hablamos
Español
Handset 561-291-8298
Offices in West Palm Beach and Miami

What is fraudulent inducement?

Return to FAQ Videos

Transcript:

Fraud in the inducement is usually a business term in a commercial litigation setting. To prove that you have been induced into entering into a transaction you must prove the following: 1) That the person made a false statement of material fact; that the person knew or should have known that the statement itself was false; that the person intended for you to rely on that statement; and that you did rely on the fraudulent statement and suffered significant damages or even nominal damages as a result of that reliance.

Share This Page:
MileMark Media - Practice Growth Solutions

© 2014 - 2017 Pike & Lustig, LLP. All rights reserved.
This law firm website is managed by MileMark Media.

Contact Form Tab