Asked by Akyaira Stinson on Jul 08, 2024
Verified
An act that is contrary to public policy or is morally reprehensible may constitute duress.
Duress
Compulsion, force, or pressure exerted upon a person to coerce them into performing an act against their will or judgment.
Public Policy
Principals and standards considered to be in the interests of the public and used as a guide for lawmaking.
Morally Reprehensible
Actions or behaviors that are considered extremely unacceptable by societal ethical standards.
- Understand the impact of financial pressure and distress on nullifying or making contracts nullifiable.
Verified Answer
JC
Jordan CarsonJul 13, 2024
Final Answer :
True
Explanation :
Duress occurs when one party uses coercion, threats, or other unethical tactics to force another party into entering a contract. If the act is contrary to public policy or is morally reprehensible, it may be considered duress and the contract may be voidable.
Learning Objectives
- Understand the impact of financial pressure and distress on nullifying or making contracts nullifiable.