Topic summary

Fraudulent

Fraudulent

Extracted from the Wikipedia article Fraud.

Civil law

In cases of a fraudulently induced contract, fraud may serve as a legal defence in a civil action for breach of contract or specific performance of a contract. Similarly, fraud may serve as a basis for a court to invoke its equitable jurisdiction. The remedies for fraud may include rescission (i.e., reversal) of a fraudulently obtained agreement or transaction, the recovery of a monetary award to compensate for the harm caused, punitive damages to punish or deter the misconduct, and possibly others.