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ContractsContract ValidityMEDIUM

A contract signed under duress is considered:

Correct Answer

B) Voidable at the option of the coerced party

A contract entered into under duress — where one party is compelled to agree through unlawful force or threats — is voidable, not void. The coerced party has the right to affirm or rescind the contract. In Nebraska, as in all states, the victim of duress may choose to void the contract or, if they wish, ratify it and hold it enforceable.

Answer Options
A
Void and unenforceable by either party
B
Voidable at the option of the coerced party
C
Valid and fully enforceable
D
Automatically ratified after 30 days

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Related Topics & Key Terms

Related Topics:

fraudundue-influencemutual-assentvoid-vs-voidablecontract-elements

Key Terms:

duressvoidablevoidmutual assentcoercioncontract defects
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