1. Overview of European Contract Law
... under equity law, the contract can be rescinded, the property will continue to be passed and duties will arise until the contract is cancelled. c) Duress as a defect of an agreement is the situation where an individual go into a contract as a consequence of pressures, intimidations or fears. When a party ... set aside the agreement. Initially, the common law accepted only threats of criminal physical violence, but nowadays the courts have acknowledged economic duress as being a good reason to void a contract. When the danger is related to goods, the courts do not really want ... to int...
- Word Count: 2356
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate