An intentional misrepresentation of a material fact made with knowledge of the falsity and intention to deceive and which a party justifiably relies upon to his detriment is known as:
A)duress
B)fraud in the execution
C)fraud in the inducement
D)non-fraudulent misrepresentation

Question

Quizplus · Accepted Answer

A material misrepresentation made with knowledge of its falsity and an intent to deceive can be considered fraudulent in the inducement if the misrepresentation was made to induce the other party into entering into a contract. This type of fraud may excuse the innocent party from performing under the contract and may give rise to a claim for damages.

An Intentional Misrepresentation of a Material Fact Made with Knowledge