Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the effect of duress on the enforceability of a contract? Which of the following is correct? Group of answer choices Duress always voids

What is the effect of duress on the enforceability of a contract? Which of the following is correct?

Group of answer choices

Duress always voids a contract if there have been physical threats, no other threats can be considered duress

Courts will allow duress to undo a contract, but does not recognise economic duress as sufficient to amount to duress

Duress is a situation where a stronger party has used pressure to overbear or coerce the will of another into an involuntary contract

Duress needs to be extreme in order to void a contract; mere pressure against a weaker party cannot be considered to be duress

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith And Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

18th Edition

0357364007, 978-0357364000

More Books

Students also viewed these Law questions

Question

Working with athletes who dope

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago