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Business Law 8-1 Reteach

AB
rescindTo back out of a transaction
Using a position of trust to dominate another partyundue influence
An agreement where no threat is madegenuine agreement
ratificationConduct suggesting the intent to be bound by a contract
A key element in undue influenceunfair persuasion
A threat to engage in illegal conduct to win agreementduress
voidableThe state of a contract in the absence of a genuine agreement
Another name for a genuine agreementmutual assent
Things that courts consider in economic duress casesthreats and alternatives
sueDuress can occur when the threat to ? is really made for a purpose unrelated to the suit.


Ms. Cohen

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