Economic Duress

Question 1

Economic Duress definition

Answer 1

When someone enters a contract as a result of financial stress

Question 2

Economic Duress conditions

Answer 2

Pressure was exerted onto the contracting party. (The Atlantic Baron)

The pressure was illegitimate (Atlas Express v Kafco Ltd)

C was induced by pressure to enter the contract (Barton v Armstrong) and had no choice but to enter into the contract. (Universe Tankships v International Transport Workers Federation)

C protested at the time or shortly after the contract was made. (The Atlantic Baron)

Question 3

The Atlantic Baron

Answer 3

Pressure was exerted onto the contracting party, and C protested at the time or shortly after the contract was made.

Question 4

Atlas Express v Kafco Ltd

Answer 4

The pressure was illegitimate.

Question 5

Barton v Armstrong

Answer 5

C was induced to enter the contract by pressure.

Question 6

Universe Tankships v International Transport Workers’ Federation

Answer 6

C had no choice but to enter into the contract.

Question 7

Pressure was exerted onto the contracting party, and C protested at the time or shortly after the contract was made.

Answer 7

The Atlantic Baron

Question 8

The pressure was illegitimate.

Answer 8

Atlas Express v Kafco Ltd

Question 9

C was induced to enter the contract by pressure.

Answer 9

Barton v Armstrong

Question 10

C had no choice but to enter into the contract.

Answer 10

Universe Tankships v International Transport Workers’ Federation