Asked by Juliet Sebastian on Jul 22, 2024
Verified
Which of the following contracts are usually voidable?
A) Contracts entered into as a result of fraud, but not duress or undue influence.
B) Contracts entered into as a result of duress or undue influence, but not fraud.
C) Contracts entered into as a result of undue influence or fraud, but not duress.
D) Contracts entered into as a result of fraud or duress, but not undue influence.
E) Contracts entered into as a result of fraud, duress, or undue influence.
Voidable
A term referring to a contract that may be legally declared invalid or unenforceable by one of the parties.
Duress
A situation where a person performs an act as a result of violence, threat, or other pressure against the person.
Undue Influence
An illicit means of persuasion that makes someone act against their own interests by the excessive influence of another person.
- Recognize the different defenses available to prevent the enforcement of a contract.
Verified Answer
AH
Ayden HowellJul 26, 2024
Final Answer :
E
Explanation :
Contracts entered into as a result of fraud, duress, or undue influence are typically considered voidable because they are not entered into freely by all parties involved. These factors undermine the consent necessary for a valid contract.
Learning Objectives
- Recognize the different defenses available to prevent the enforcement of a contract.