EstatePass
ContractsContract ValidityMEDIUM

A real estate contract signed under duress is considered:

Correct Answer

B) Voidable at the option of the party who was subjected to duress

A contract signed under duress is voidable, not void. The party who was coerced has the option to either rescind (void) the contract or ratify it and allow it to remain in force. Unlike an illegal contract — which is void from the beginning — a contract signed under duress is valid on its face until the injured party takes action to rescind it. The coerced party must act within a reasonable time to avoid the contract.

Answer Options
A
Void and unenforceable by either party from the outset
B
Voidable at the option of the party who was subjected to duress
C
Valid and fully enforceable against all parties
D
Automatically ratified and binding if not challenged within 30 days

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Contracts Question

Sign up free to unlock full analysis

Background Knowledge for Contracts

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Contracts

Sign up free to unlock full analysis

Common Mistakes to Avoid on Contracts Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

void vs. voidable contractscontract consentundue influencefraudrescissionratification

Key Terms:

duressvoidablevoidrescissionratificationcontract consent
Was this explanation helpful?

More Contracts Questions

People Also Study

Contracts Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing