Which of the following is not a requisite for fraud in the inducement?

A) False representation of a fact that is material.
B) Representation is made with knowledge of its falsity and the intention to deceive.
C) The representation is justifiably relied on.
D) Monetary loss of over $1,000.

Fraud In The Inducement

Fraud in the Inducement involves deceit or trickery to secure unfair or unlawful gain in a transaction, leading to an agreement being made under false pretenses.

False Representation

A misleading statement or action that deceives or is intended to deceive.

Material Fact

Any fact that, if known, could influence an individual's decision-making in a transaction, contract, or legal case.