Kevin Was Desperate to Save His Business Records and Equipment

question 26

Multiple Choice

Kevin was desperate to save his business records and equipment from the rising flood waters. A stranger with a large truck agreed to help if Kevin would give him his choice of equipment for payment. Kevin had no time to argue, so he agreed. After the flood, Kevin demanded everything back. The stranger refused to return a new laptop computer. On what legal grounds can Kevin get his computer back?

• A) dire circumstances
• B) duress
• C) undue influence
• D) coercion
• E) No basis; this is a valid contract that has fair consideration on both sides.

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Definitions:

Marginal Cost (MC)

An upsurge in the cumulative cost incurred from the production of one more unit of a product or service.

Marginal Benefit

The boost in satisfaction or utility experienced by a consumer when they consume an additional unit of a specific good or service.

Total Benefit

The complete gain or advantage that an individual, entity, or society receives from consuming a good or service.

Football Games

Competitive sporting events involving two teams aiming to score points by moving a ball into the opposing team's end area, primarily through kicking, carrying, or passing.