Economic duress occurs when one party uses financial pressure to force another party to enter into a contract or agreement against their will. The victim of economic duress may be unable to resist the pressure due to their financial circumstances. Therefore, option B is the correct choice. The other options do not accurately describe economic duress.

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Economic Duress

Question 31

Multiple Choice

Economic duress

A) occurs whenever one party puts another party under financial pressure.
B) occurs when the victim could not reasonably resist improper pressure.
C) is assumed to exist once the victim of duress commences legal proceedings against the party exerting duress.
D) is impossible to prove unless the victim of duress protested at the time the duress was exerted.
E) occurs when a victim of duress seeks independent legal advice and that advice is wrong.

Correct Answer: