When Courts Consider Economic Duress,they Consider All the Following Factors

question 27

Multiple Choice

When courts consider economic duress,they consider all the following factors EXCEPT:

• A) relative bargaining power.
• B) financial distress.
• C) legitimate business actions.
• D) relative size of the contract.

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Definitions:

Rationalization Strategy

A method for improving efficiency and productivity through the standardization of processes and the adoption of best practices.

Abstract Ideals

Concepts or beliefs that are not associated with any specific concrete object or instance, often representing perfect or idealized forms.

Pressure From Above

The influence or control exerted by higher levels of a hierarchy, such as senior management on employees or governments on citizens, to achieve compliance or change.

Organizational Pressure

External or internal forces that influence an organization's operations and decision-making processes.