Not every challenge you come across in a business deal is confined to your contract. The situation that leads up to you signing the contract is sometimes just as important legally as the document itself. At the Kruckemeyer Law Firm we often encounter confusion regarding this subject.
You may call it by many names, but having a business associate intentionally mislead you may be more than simple dishonesty. Here are the three steps that could result in you having a legal fraud claim.
The first thing you would want to look for when establishing fraud would be whether someone intentionally led you to take a certain action. This could be established in a variety of ways, depending on the evidence of your case.
The next step would be showing that you took the action that the other party suggested. You may have made an exchange. Perhaps you relinquished a piece of property. You may have even provided goods or services on credit. Whatever the action in question is, you would have to prove that you executed it.
The final step in establishing a fraud claim would be showing your injuries. These often come in the form of direct monetary losses or lost opportunities. One example of this would be you paying for something that the other party never provided.
It is possible that you may not even know you have a fraud claim. You may just know that something went wrong with your business deal. That is why it is our policy to examine every conflict our clients present from as many aspects as necessary. Please continue to our main site for more information.