Economic Duress - Law Dictionary Search Results
Home Dictionary Name: economic duresseconomic duress
economic duress : wrongful or unlawful conduct that creates fear of economic hardship which prevents the exercise of free will in engaging in a business transaction ;also : the defense of economic duress called also business compulsion ...
duress
duress [Anglo-French duresce, literally, hardness, harshness, from Old French, from Latin duritia, from durus hard] : wrongful and usually unlawful compulsion (as threats of physical violence) that induces a person to act against his or her will : coercion ;also : the affirmative defense of having acted under duress see also economic duress compare necessity, undue influence NOTE: A person may be able to avoid the consequences of his or her acts under the law if they were performed while under duress. For example, a contract made under duress is voidable by the coerced party. Similarly, a will signed under duress is invalid. Duress may also be used to justify a criminal act. A threat to bring a lawsuit is not duress. ...
business compulsion
business compulsion : economic duress ...
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