economic duress Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Pao on v Lau Yiu Long

A
  1. Did the person claiming to be coerced protest about the pressure
  2. did the person have any other available course of action that was reasonable
  3. were they independently advise before taking the action (so from an expert for example)
  4. after entering into the contract did they take steps to make the contract void
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

universe sentinel

A
  1. Compulsion of the will, so an absence of choice

2. illegitimacy of the pressure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Cash and Carry v Gallagher

A

tough bargaining is not economic duress

-unlawful

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

can you rely on promissory estoppel

A

NO, for economic duress you can not

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

economic duress meaning

A

when someone enters into a contract as a result of financial threat

How well did you know this?
1
Not at all
2
3
4
5
Perfectly