Question: Why do you think the law has evolved to make a contract obtained through Physical Compulsion void, while providing that one obtained through Improper Threat

Why do you think the law has evolved to make a contract obtained through Physical Compulsion void, while providing that one obtained through Improper Threat is voidable?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Why do you think the law has evolved to make a contract obtained through Physical Compulsion void, while providing that one obtained through Improper Threat is voidable?

Why do you think the law haw evolved to make a contract obtained through Physical Compulsion Void, while providing that one obtained through improper threat is voidable?

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Mutual Assent We learned about some events that affect the validity of Mutual Assent. When these things occur, the underlying contract is deemed void or voidable. Duress comes in two forms: Physical...

This week you learned about some events that affect the validity of Mutual Assent. When these things occur, the underlying contract is deemed void or voidable. Go back and take another look at...

Duress comes in two forms: Physical Compulsion and Improper Threats. Give an example of each of these forms. Explain. Then consider and answer the following question: Why do you think the law has...

The Federal Deposit Insurance Corporation (FDIC) brings this action to collect on promissory notes signed by certain former partners of the law firm of Finley, Kumble, Wagner, Heine, Underberg,...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

___________ is based on pressure exerted by coercion; _________________'s pressure is exerted through persuasion. Multiple Choice Scienter; fraud Undue influence; duress Fraud; scienter Duress; undue...

QUESTION 1 1.Stewart entered into a contract with Will to have Will build a 10-unit apartment complex on Elm Street in Randolph County. Unknown to both parties, this land had recently been rezoned...

Beck Company sells a product for $3,200. When the customer buys it, Beck provides a one-year warranty. Beck sold 120 products during 2010. Based on analysis of past warranty records, Beck estimates...

One average force F1 has a magnitude that is three times as large as that of another average force F2. Both forces produce the same impulse. The average force F1 acts for a time interval of 3.2ms....

5 6 Goods in transit are included in a purchaser's inventory: 0 0 5 5 0 1 Mutiple Choice At any time during transe. When the goods are shipped FOB shipping point. When the suppler is respomible for...

5) Below is the data for Misfit Company which specializes in the sale of previously owned clothing for the month ended July 31, 2016. Prepare a cash flow statement in good form. $ $ $ $ Inc(Dec) in...