Scenario: You are a retailer of automotive parts. Recently, a supplier of one your highest selling brands has approached you regarding the upcoming annual renewal contract. The rep explains that the supplier is willing to offer a lower discount for their products. The only issue they have, though, is they need you to stop selling one of their competitors brands. The rep, who desperately needs your signed contract to hit quota, also makes a underhanded remark that causes you concern. In so many words, the rep explains that they will bad mouth your retail shop to anyone that will listen, if you refuse to sign the new renewal. Out of concern for your reputation, and the need to carry this product in your store, you sign the new contract. After considering it for several days, and pondering the situation, you begin regret signing the new contract. Question 1: How would you be able to rescind the contract in this situation? Question 2: Do you believe there is a case for economic duress here? Defend your