What is the difference between civil fraud and fraud in the inducement?

The difference between civil fraud and fraud in the inducement is that civil fraud involves deception in a non-contractual situation, while fraud in the inducement is a type of contractual fraud. Civil fraud is when a person or entity makes a false representation of fact which deceives or induces another party to rely on it, causing that party to suffer a financial or other loss. This can include false advertising, false accounting, or any other intentional act that causes such a loss. Fraud in the inducement involves an intentional false representation or concealment of a fact made in order to induce a contract. This occurs when a party makes false statements in order to get the other party to enter into the contract. For example, a company may state that certain products are of a higher quality than they really are in order to get someone to purchase them. Overall, civil fraud involves deception in a non-contractual situation whereas fraud in the inducement is a type of contractual fraud involving false statements or concealment of facts in order to get someone to enter into a contract. In Pennsylvania, both of these types of fraud are illegal and punishable by law.

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What is the difference between civil fraud and fraud in the inducement?

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