The Common Law of Contracts Is the Law Created by State

question 15

True/False

The common law of contracts is the law created by state legislatures.

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Definitions:

Fraudulent Duress

A situation where one party compels another’s agreement to a contract through wrongful threats or coercion, involving fraud.

Physical Harm

Injury or damage to the body of a person caused by external force or violence.

Duress

A condition where a person performs an act as a result of violence, threat, or other pressure against the person.

Disparagement

A business tort that occurs when a statement is intentionally used to defame a business product or service.