The majority of states allow the injured party who has been induced to enter into a contract by fraud to recover only "out-of-pocket" damages equal to the difference between the value of what she has received and the value of what she has given for it.
Correct Answer:
Verified
Q7: Where a party has been induced by
Q8: Where a contract is unenforceable because of
Q9: A plaintiff who has not sustained any
Q10: Incidental damages include lost profits and injury
Q11: Punitive damages are not always awarded as
Q13: Under the rule in Hadley v. Baxendale
Q14: Specific performance is the usual judicially granted
Q15: Restitution requires a return of value to
Q16: Equitable remedies are available any time the
Q17: The remedy for misrepresentation is specific performance
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents