What is the defense of fraud in the inducement?

What will be an ideal response?

Fraud in the inducement occurs when a wrongdoer makes a false statement or misrepresentation to another person to lead that person to enter into a contract with the wrongdoer. Negotiable instruments often arise out of such transactions. Fraud in the inducement is a personal defense that is not effective against HDCs. It is effective against ordinary holders, however.

Business

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The citizen-action publics in a company's marketing environment include ________

A) employees and managers of the company B) stockholders and investment analysts C) government trade agencies D) environmental groups E) news channels

Business

The Franchise Rule promulgated by the Federal Trade Commission requires a franchisor to disclose all material facts to a franchisee before entering into a franchise agreement

Indicate whether the statement is true or false

Business