What is constructive fraud in civil law?

Constructive fraud is an intentional deception or misrepresentation in civil law in Oklahoma. It is an act that a person commits with the intention to deceive another person, even though the deception is not actually spoken. It usually involves taking advantage of another person’s trust or lack of information in order to gain something that they would not have otherwise. Constructive fraud includes things like willfully failing to pay a debt, concealing a material fact, or promises that a person knows cannot keep. It can also be a failure to disclose information that a person has a duty to disclose. For example, if a seller of real estate fails to disclose a defect in the property, they could be liable for constructive fraud. Constructive fraud is a violation of civil law in Oklahoma, and it is treated differently than actual fraud or intentional fraud. When a person is charged with constructive fraud, they may be held liable for damages that were caused by their actions, as well as court and attorneys fees. This can be a costly penalty, so it is important to understand the potential consequences of this type of behavior.

Related FAQs

What is constructive fraud in civil law?
What is the difference between a jury trial and a bench trial?
What is the role of a judge in a civil trial?
How does a court decide a civil lawsuit?
How does a person file a civil lawsuit?
What is the burden of proof in civil law?
What is the doctrine of stare decisis in civil law?
What is an interpleader in civil law?
What is an injunction in civil law?
What is the right of subrogation in civil law?

What is constructive fraud in civil law?

Related FAQs

Related Blog Posts