The Ultimate Legal Dictionary
PracticePanther compiled a list of the legal terms and definitions every
attorney, paralegal, and law student needs to know when running a law firm.
Fraudulent Inducement
DEFINITION
Fraudulent inducement is when someone tricks someone else for their personal gain. An example of this is the Mark Zuckerberg and Eduardo Saverin incident. Zuckerberg was able to get funding for Facebook without Saverin signing off on it resulting in the dilution of Saverin’s shares.
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