BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Use of an improper act or threat to obtain an expression of agreement
A
duress
B
fraud
C
undue influence
D
innocent representation
Explanation: 

Detailed explanation-1: -Actionable or legal duress only occurs when one party uses an improper threat or act to obtain an expression of agreement. The resulting contract is voidable . Much of the law of duress focuses on the nature of the threat.

Detailed explanation-2: -Duress consists of either an improper act or threat that induces the victim to make an unwanted contract. Such contracts are voidable by the victim.

Detailed explanation-3: -Duress refers to the act of using threats or psychological pressure to force someone to behave in a way that is contrary to their wishes. In contract law, duress is used as a form of defense to a crime where the defendant uses threats to force the plaintiff to commit a crime that is against their wishes.

Detailed explanation-4: -Duress and undue influence essentially means that a person or party has been forced into a contract. The contract cannot be considered to be a valid agreement under these circumstances.

There is 1 question to complete.