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Question 2 2 pts Peter entered into a contract due to economic threat duress, Paul entered into a contract due to undue influence, and Mary
Question 2 2 pts Peter entered into a contract due to economic threat duress, Paul entered into a contract due to undue influence, and Mary entered into a contract due to fraud. All of the contracts have very unfavorable terms for Peter, Paul and Mary and all of them relied on the other party, unaware of the true facts. These contracts are: O voidable O void O enforceable O unenforceable\fQuestion 3 2 pts Jerome signs and online contract when he buys a custom gaming system from Gamers United Corporation by clicking "I accept" as to the terms and conditions. (This is an effective and legal way to sign a contract.) Jerome did not click on the hyperlink to read the terms and conditions before clicking "I accept." The gaming system is defective and catches fire, causing significant damage to Jerome's home. He sues Gamers United Corporation, which tells him he must arbitrate his claim (i.e. he cannot sue). Jerome argues he should not be required to arbitrate because he did not see this term when he clicked "I accept." Will Jerome's mistake allow him to avoid arbitration? O No. Jerome "signed" the contract by clicking "I accept" and this acceptance covers all terms, even if he did not read the contract. O No. Because it was a unilateral mistake. not a mutual mistake. O Yes. Jerome should not be forced to use arbitration when he was mistaken about the terms in his contract. Yes. Gamers United Corporation should not benefit from the mistake of its customers that do not read all of the contract and its "terms and conditions" before clicking "I accept." responsible for online contracts.Question 4 2 pts Which of the following is NOT an element of fraud? O Material misrepresentation O Knowledge of falsity O Competent parties O Justifiable reliance
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