- 1 Marks
Question
Where a party to a contract was forced to consent to the terms of a contract, such a contract is said to be:
A. Novel
B. Fraudulent
C. Binding
D. Actionable per se
E. Voidable
Answer
E. Voidable
Explanation:
A contract entered into under duress is voidable at the option of the party who was forced into the agreement. Duress refers to the use of threats or coercion to obtain consent, which undermines the voluntary nature of the agreement.
- Tags: Business Law, Contract Law, Duress
- Level: Level 1
- Topic: Law of Contract
- Series: MAY 2012
- Uploader: Theophilus