Asked by Larry Dowling on May 01, 2024

verifed

Verified

Which of the following contracts are usually voidable?

A) Contracts entered into as a result of fraud.
B) Contracts entered into as a result of duress.
C) Contracts entered into as a result of undue influence.
D) Contracts entered into as a result of fraud or duress,but not undue influence.
E) Contracts entered into as a result of fraud,duress,or undue influence.

Undue Influence

A situation where an individual is able to influence another person's decisions due to the power or trust they hold over them, often leading to unfair outcomes.

Duress

Duress occurs when someone performs an act as a result of coercion or a threat of immediate danger to life or personal safety, which compromises the voluntariness of their decision.

  • Discern among diverse kinds of contracts, including void, voidable, executed, and executory agreements.
verifed

Verified Answer

ZK
Zybrea KnightMay 06, 2024
Final Answer :
E
Explanation :
Contracts resulting from fraud,duress,or undue influence are voidable by the innocent party.