Question: What answer below best summarizes all the elements that must be established for a party to successfully assert the defense of duress? An improper threat

What answer below best summarizes all the elements that must be established for a party to successfully assert the defense of duress?

An improper threat that induced a party to enter into a contract because the threatened party experienced subjective fear.

A mistake of fact that induced a party to enter into a contract because the threatened party had no reasonable alternative.

An illegal act that induced a party to enter into a contract because the threatened party had no reasonable alternative but to enter into the contract.

An improper threat that induced a party to enter into a contract because the threatened party had no reasonable alternative but to enter into the contract.

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