Fraud Liability
/ˈfrɔːd laɪəˈbɪləti/
Definitions
- (n.) Legal responsibility for deceptive acts intended to secure unfair or unlawful gain, causing harm to another party.
The plaintiff established fraud liability by proving intentional misrepresentation.
Forms
- fraud liability
Related terms
See also
Commentary
Fraud liability often requires proving intent, reliance, and resulting damages; defining it precisely is crucial in litigation or contract disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.