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Author Question: When one party wrongly threatens to injure another person physically in order to get agreement to a ... (Read 51 times)

kamilo84

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on: Jun 24, 2018
When one party wrongly threatens to injure another person physically in order to get agreement to a contract, economic duress occurs.
  Indicate whether the statement is true or false

Question 2

An oral understanding is not binding if:
 A) the services performed were not to the satisfaction of the other party.
 B) the amount agreed to be paid for services rendered was not a fair and reasonable amount.
 C) the parties intended to formalize their understanding with a written agreement.
 D) the understanding may be terminated at will by either party.


bigcheese9

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


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