Author Question: When one party wrongly threatens to injure another person physically in order to get agreement to a ... (Read 92 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
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

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

FALSE

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library