A party who has been a victim of fraud in the inducement can:

Question

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A party who has been a victim of fraud in the inducement can either rescind the contract or collect damages. Rescinding the contract means that both parties are released from their obligations under the agreement, while collecting damages means that the victim of fraud can seek compensation for any losses suffered as a result of the fraud. However, the party cannot force the other party to live up to the agreement as the contract was induced by fraud.

A Party Who Has Been a Victim of Fraud in the Inducement