Which of the Following Results in a Void Contract

question 55

Multiple Choice

Which of the following results in a void contract?

• A) Duress by improper threat.
• B) Duress by physical force.
• C) Undue influence on a party.
• D) Fraud in the inducement.
• E) Duress by physical force and also undue influence on a party.

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Definitions:

Liquidity Trap

At very low interest rates, said John Maynard Keynes, people will neither lend out their money nor put it in the bank, but will simply hold it.

Liquidity Trap

A situation in which interest rates are low and savings rates are high, rendering monetary policy ineffective in stimulating economic growth.

John Maynard Keynes

A British economist whose innovative ideas transformed the approach to macroeconomics and influenced governmental economic policies.

John Maynard Keynes

A UK-based economist whose theories revolutionized both the practice and understanding of macroeconomics as well as state economic policies.