Asked by Natalia Shkuratova on May 03, 2024
Verified
Which of the following statements is true regarding duress?
A) Duress is a defense to the enforcement of a contract only.
B) Duress is a ground for rescission of a contract only.
C) Duress is both a defense to the enforcement of a contract and a ground for rescission of a contract.
D) None of these choices is correct.
Duress
A situation where a person performs an act as a result of violence, threat, or other pressure against them.
Rescission
The revocation, cancellation, or repeal of a contract, returning the parties involved to their positions before the contract was made.
- Grasp the concept and implications of duress and undue influence in contract enforcement and rescission.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
C
Explanation :
Duress can be invoked both as a defense to prevent the enforcement of a contract and as a ground for rescission, allowing a party to void the contract. This is because duress undermines the voluntary nature of the agreement, making the contract potentially voidable at the option of the coerced party.
Learning Objectives
- Grasp the concept and implications of duress and undue influence in contract enforcement and rescission.
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