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Contracts

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Breach of contract

Georgetown University Law Center

2004

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Full-Text Articles in Law

Promissory Fraud Without Breach, Gregory Klass, Ian Ayres Jan 2004

Promissory Fraud Without Breach, Gregory Klass, Ian Ayres

Georgetown Law Faculty Publications and Other Works

This Article, in keeping with the theme of this Symposium, explores the possibility of promissory fraud liability where there is no breach of contract. It is well known that mere breach of contract is not sufficient to make out a claim of promissory fraud. This rule makes eminent sense, for a promisor who initially intended to perform may have later changed her mind. Here we pose the converse question: is it possible to have promissory fraud liability without a breach?