What answer below best summarizes all the elements that must be established for a party to successfully
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 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.
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts