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Legal Definitions - DOL
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Definition of DOL
DOL is an abbreviation for the Department of Labor. In civil law, dol refers to fraud committed in inducing another person to enter into a contract. It is similar to fraud in the inducement and is considered a form of deceit or fraud.
Example 1: A car salesman tells a customer that a used car has never been in an accident, when in fact it has. The customer buys the car based on this false information. This is an example of dol.
Example 2: A contractor promises to complete a construction project by a certain date, but intentionally delays the work to increase the cost of the project. This is also an example of dol.
These examples illustrate how dol involves intentionally deceiving someone in order to induce them to enter into a contract. The person committing dol knows that the information they are providing is false or misleading, and they do so with the intention of gaining an advantage or benefit from the other person.
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Simple Definition
Term: DOL
Definition: DOL stands for Department of Labor. The term "dol" also refers to fraud committed in convincing someone to sign a contract. This is also known as fraud in the inducement. It is similar to the term "fraude" in French, which means deceit or fraud.
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