From a business perspective, the tort of deceit most commonly arises in the contractual area.

Question

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The tort of deceit, also known as fraudulent misrepresentation, arises when one party makes a false statement with the intention of inducing another party to enter into a contract, and the other party relies on that false statement and suffers harm as a result. Therefore, it is most commonly seen in the contractual area.

From a Business Perspective, the Tort of Deceit Most Commonly