Which of the following statements is true for duress?
A) The reason behind the idea of duress is that mistake may prevent the "meeting of the minds" required by contract law.
B) The basic idea behind duress is to protect the old,the timid,and the physically or mentally weak from those who gain their confidence and attempt to take advantage of them.
C) The term duress is used in contract law to describe the situation in which one or both of the parties to an agreement acted under an untrue belief about the existence or nonexistence of a material fact.
D) Generally,the threat of a well-founded civil suit is not duress.
Correct Answer:
Verified
Q19: A contract is voidable even if duress
Q20: Intentional misrepresentation:
A)is otherwise known as duress.
B)requires that
Q21: Jimmy J sells Mary an old station
Q22: Which of the following is a remedy
Q23: In the sale of real estate:
A)many courts
Q25: On the first day of class,Jane's history
Q26: To prove a case of duress,modern courts
Q27: One difference between fraud and misrepresentation is
Q28: All the elements of misrepresentation,and the fact
Q29: Bully Corporation contracted to sell Wimp Corporation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents