Cuong, an insurance agent who earns pay on commission, wants Trung to purchase an expensive insurance...

Cuong, an insurance agent who earns pay on commission, wants Trung to purchase an expensive insurance policy. Trung resists accepting his offer, but Cuong compels him to purchase the policy by threatening him with a knife, so he signs the insurance documents. Trung now has a comprehensive insurance policy, but he has the defense of _______ if he wants to breach the contract.

	1.	misrepresentation
	2.	misstatement
	3.	fraud
	4.	undue influence
	5.	duress

Expert Solution

Cuong, an insurance agent who earns pay on commission, wants Trung to purchase an expensive insurance policy. Trung resists accepting his offer, but Cuong compels him to purchase the policy by threatening him with a knife, so he signs the insurance documents. Trung now has a comprehensive insurance policy, but he has the defense of Duress if he wants to breach the contract.

Duress - Coercion to impact Associate in Nursing unwilling person's agreement to a transaction. It's going to take the shape of a (1) compulsive act, (2) threat that causes concern, or (3) use of ethical or social pressure to overpower the need of the individual. Agreements entered into, or testaments signed underneath, force square measure judged illicit and invalid.

keosha answered 2 years ago

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