Explain whether the following statement is true: “Duress is an unlawful threat of harm or injury made by one contracting party or someone acting for that party and which causes the other party to enter into the contract. It results in no consensus between the parties and a void contract.”
Explain whether the following statement is true: “Duress is an unlawful threat of harm or injury made by one contracting party or someone acting for that party and which causes the other party to enter into the contract. It results in no consensus between the parties and a void contract.”
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Explain whether the following statement is true:
“Duress is an unlawful threat of harm or injury made by one contracting party or someone acting for that
party and which causes the other party to enter into the contract. It results in no consensus between
the parties and a void contract.”
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