Misrepresentation, Fraudulent - Promissory Fraud

“‘The elements of promissory fraud … are:

(1) a promise made regarding a material fact without any intention of performing it;
(2) the existence of the intent not to perform at the time the promise was made;
(3) intent to deceive or induce the promisee to enter into a transaction;
(4) reasonable reliance by the promisee;
(5) nonperformance by the party making the promise; and
(6) resulting damage to the promise[e].’”

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• The rest of the elements for this cause of action;
• The citations to the most recent state and federal court cases citing the cause of action;
• The statute of limitations; and
• The defenses to this cause of action.

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