Which of the following is involved in a situation in which a person refuses to perform according to a contract unless the other person either signs another contract with the one making the threat or pays that person a higher price than was specified in the original agreement?
A)Fraudulent duress
B)Conditional duress
C)Negligent duress
D)Economic duress
E)Undue influence

Question

Quizplus · Accepted Answer

Economic duress occurs when one party threatens the other's economic interests,such as by refusing to perform according to a contract unless the other party either signs another contract or pays him a higher price than that specified in the original agreement.

Which of the Following Is Involved in a Situation in Which