________ occurs when the party knows what he or she is signing but has been fraudulently led into the contract.
A) Fraud in the factum
B) Fraud in the inducement
C) Fraud by concealment
D) Misrepresentation of law

Question

Quizplus · Accepted Answer

Fraud in the inducement occurs when a party is aware of signing a contract but has been misled about its terms or the nature of the agreement through deceitful tactics. This type of fraud involves intentionally misleading or deceiving someone to enter into a contract.

________ Occurs When the Party Knows What He or She