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11 Cards in this Set
- Front
- Back
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1.rescission for duress must be timely and occur before ratification. |
false |
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2.contracts created or modified by duress are voidable. |
true |
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3.if duress is present the victim can ? the contract. |
duress
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4.if a person is subject to duress he or she need not return what was received as a result of the contract. |
true
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5.which of the following is a threat that can create duress? |
d.economic threat
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6.when economic threats occur courts look at ? |
d.both a&c
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7.undue influence requires a formal relation ship such as attorney and client between parties to a contract. |
true
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8.which are elements of undue influence? |
a.relationship of trust
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9.to prevent a claim of undue influence the stronger party in a relationship of trust should? |
b. prevent disclosing important facts
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10.if there is an offer and acceptance with no duress undue influence mistake fraud fraud or misrepresentation then there is ? |
genuine agreement
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11.when you perform an act which suggests you intend to be bound by the contract you ? the contract. |
ratification
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