Which of the Following Contracts Would Be Void Due to Duress

question 49

Multiple Choice

Which of the following contracts would be void due to duress?

• A) Mikhail wants Ivana to sign a contract for the sale of her apartment. He tells her that if she does not sign the contract, he will harm her son.
• B) Janet owns a pair of zircon earrings. She sells them claiming they are diamonds and receives a much higher price for them.
• C) Carla unknowingly sells a painting to a collector thinking it's genuine. However, the collector finds out that it actually is an imitation.
• D) Gary has been the McGill family attorney for decades. When he needs investors for his business, he convinces Mr. McGill to invest in the new business.

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Definitions:

Opinion Leaders

Influential individuals within a community or social group who have the power to affect others' attitudes, beliefs, and behaviors regarding various topics.

Interpersonal Gossip

The act of sharing information, rumors, or speculations about others within a social network, which can influence perceptions and social dynamics.

Consumer Socialization

The process by which young individuals acquire skills, knowledge, and attitudes relevant to their functioning as consumers in the marketplace.

Opinion Formation

The process by which individuals develop their viewpoints and beliefs about a topic, often influenced by factors like media, personal experiences, and social networks.