Which of the following is involved in a situation in which a person refuses to perform according to a contract unless the other person either signs another contract with the one making the threat or pays that person a higher price than was specified in the original agreement?
A) Fraudulent duress
B) Contractual duress
C) Negligent duress
D) Economic duress
E) Specific duress

Question

Quizplus · Accepted Answer

Economic duress occurs when one party threatens the other's economic interests. For instance, a person refuses to perform according to a contract unless the other person either signs another contract with the one making the threat or pays that person a higher price than specified in the original agreement.

Which of the Following Is Involved in a Situation in Which