________ occurs if a person is deceived as to the nature of his or her act and does not know what he or she is signing.
A) Fraud in the inducement
B) Fraud in the inception
C) Fraud by concealment
D) Fraud by suppression

Question

Quizplus · Accepted Answer

Fraud in the inception, also known as fraud in the factum, occurs when a person is deceived about the very nature of the act being performed and does not actually know what he or she is signing. In contrast, fraud in the inducement occurs when a person is aware of the nature of the act but is deceived as to some material fact that induces him or her to enter into the transaction. Fraud by concealment and fraud by suppression both involve intentional failure to disclose material information, but they do not necessarily involve a lack of knowledge about the nature of the act being performed.

________ Occurs If a Person Is Deceived as to the Nature