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High-Tech Collieries borrowed money from Holland. High-Tech later refused to be bound by the loan contract, claiming the contract was

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High-Tech Collieries borrowed money from Holland. High-Tech later refused to be bound by the loan contract, claiming the contract was not binding because it had been obtained by duress. The evidence showed that the offer to make the loan was made on a take-it-or-leave-it basis. Was the defense of duress valid? [Holland v High-Tech Collieries, Inc., 911 F Supp 1021 (DC WA)]

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Andersons Business Law and the Legal Environment

Andersons Business Law and the Legal Environment

ISBN: 978-0324786668

21st Edition

Authors: David p. twomey, Marianne moody Jennings

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Chapter # 14
Section: Questions and Problems
Problem: 4
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Question Posted: May 25, 2012 07:28:12
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