Economic duress Flashcards
1
Q
What is economic duress
A
Improper / unlawful pressure, contract is valid but can be set aside if rescission applies.
2
Q
Atlas v Kafco
A
threatening to breach contract is illegitimate pressure.
3
Q
Williams v Roffey
A
Mere indication of incomplete contract is not enough, has to be a threat to breach.
4
Q
Pao on
A
Must make contract against their will. Did they: protest, no other courses of actions, no legal advise, took any steps to get out?
