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.
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