Chapter 7 Quiz

If one party uses physical threats to obtain another party’s signature, there is no _________ agreement between them.

• genuine

• voidable

• recission

• confidential relationship

If there is no genuine assent, the apparent contract is _________.

• genuine

• voidable

• recission

• confidential relationship

A(n) ___________ occurs when one party backs out of the a transaction by asking for the return of what they gave and offering to give back what they have received.

• genuine

• voidable

• recission

• confidential relationship

In a(n) _____________ relationship, an inordinate amount of trust and confidence is placed by a dependent party in the dominant party.

• genuine

• voidable

• recission

• confidential

Duress occurs when one party uses a(n) ______________ to obtain an expression of agreement.

• duress

• under influence

• persuasion

• improper act, threat

When one party to a contract is in a position of trust and wrongfully dominates the other party, _________ occurs.

• duress

• undue influence

• persuasion

• improper act, threat

The threat to engage in illegal conduct to win agreement is always considered ____________ .

• duress

• undue influence

• persuasion

• improper act, threat

The two key elements in undue influence are the relationship and the wrongful or unfair __________.

• duress

• undue influence

• persuasion

• improper act, threat

Duress can occur when the threat to ____ is really made for a purpose unrelated to the suit.

• sue

• recission

• valid

• voidable

An innocent belief by both parties about an important fact

• material facts

• opinions

• fraud

• mutual mistake