What term refers to one who induces another to enter into a contract through false statements?

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The term that describes an individual who leads another to enter into a contract through false statements is fraud. This concept involves intentional deception or misrepresentation of material facts, with the aim of convincing the other party to enter into an agreement based on these untruthful claims. In legal terms, fraud can impact the validity of a contract, giving the deceived party grounds to void the agreement or seek damages.

In contrast, negligence involves a failure to take reasonable care, which does not necessarily involve deceptive intent. Tort refers to a broader category of wrongful acts, including but not limited to fraud, whereas fiduciary pertains to a relationship in which one party has an obligation to act in the best interest of another, typically characterized by trust and confidence. Thus, the specific nature of fraud in inducing someone into a contract through misrepresentation makes it the correct answer.

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