Fact Pattern 14-A3

question 13

Multiple Choice

Fact Pattern 14-A3
Flo enters into a contract under Gail's threats. Later, Flo refuses to perform, claiming that she acted under duress.
-Refer to Fact Pattern 14-A3. Gail sues to enforce the contract. To be guilty of duress, Gail must have threatened

• A) a civil suit.
• B) a lost opportunity.
• C) a social snubbing.
• D) a wrongful act.

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Definitions:

Conspicuous Consumption

A showy display of wealth for social prestige.

Trickle-Down Redistribution

An economic theory suggesting that benefits provided to the wealthy or upper economic classes will eventually "trickle down" to benefit poorer members of society.

Potlatch Reciprocity

A ceremonial feast practiced among indigenous peoples of the Pacific Northwest Coast of America, characterized by the generous giving of gifts which reciprocally establish or reinforce social status.

Basic Unit

The fundamental component or building block within a structured set, often referring to the simplest division in a system's hierarchy.