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.
You might also like to view...
The terms "effective" and "efficient" mean the same thing
Indicate whether the statement is true or false
Tyler is self-employed and alters some receipts so he will show more expenses and therefore have a greater total of income tax deductions. Tyler has:
a. committed the crime of extortion. b. engaged in securities fraud. c. engaged in no criminal activity. d. committed the crime of forgery.
Discuss the disadvantages of international expansion for firms, particularly in regard to intellectual property. Substantiate with an example from your reading assignment or from your own experience.
What will be an ideal response?
______ is property that may be invisible and impossible to hold
a. intangible property b. good property c. real property d. temporary property e. actual property