Legal Definitions - fraude

Definition: Fraude is a legal term that refers to the act of committing fraud while performing a contract. It is a civil law term that is often used in cases where one party has deceived or misled the other party in order to gain an unfair advantage.

Example: An example of fraud in a contract could be a contractor who promises to complete a construction project by a certain date, but then intentionally delays the project in order to charge the client more money. This would be considered fraud because the contractor has misled the client and gained an unfair advantage.

Another example: Another example of fraud in a contract could be a seller who misrepresents the quality or condition of a product in order to make a sale. For instance, a car dealer who sells a car with a faulty engine but claims that it is in perfect condition would be committing fraud.

These examples illustrate how fraud can occur in a contract and how it can be used to gain an unfair advantage over the other party. It is important to be aware of the possibility of fraud when entering into a contract and to take steps to protect oneself from it.