When courts consider economic duress they consider

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QUIZ 9 - CAPACITY AND CONSENT

Question 1   1 / 1 point Marty , a 16 ­year­old , contracts with Cream­of­the ­ Crop Cycles to buy an $ 8,000 motorcycle . Marty agrees to make monthly payments until the purchase price plus interest are paid in full . Which of the following is correct ?
 The contract is voidable by Marty .
 The contract is void as soon as it is made .
 The contract is voidable by Cream­of­the ­ Crop Cycles .
 The contract is voidable by either Marty or Cream­of­the ­ Crop Cycles .
Question 2   1 / 1 point Marty , a 16 ­year­old , contracted with Cream­of­the ­ Crop Cycles to buy an $ 8,000 motorcycle . He agreed to make monthly payments until the purchase price plus interest were paid in full . It is two years later and Marty has not disaffirmed the contract and has made payments on the cycle since turning 18 . Which of the following is correct ?
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Question 5   1 / 1 point Angie , a minor , wants to avoid a contract she made with Cumberland Cycles . She may disaffirm the contract by :
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Question 6   1 / 1 point Deborah purchased a boat from Sun 'N Surf Marine . She later learned that the salesman had made misrepresentations to induce her to make the purchase . Under UCC Section 2 ­ 721 , Deborah can rescind the contract :
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Question 7   1 / 1 point Marty 's home had burned to the ground . When he met with his insurance adjuster , she accused him of burning down the house , and said she would have him criminally prosecuted if he did n't settle the claim for much less than the house was worth . Marty agreed to the settlement . If he changed his mind , he can probably rescind the settlement on the basis of :
 fraud .
 duress .
 undue influence .
 mistake .
Question 8   1 / 1 point Larson entered Forrester 's Auto Mart to purchase a used car . Larson found a vehicle with a sales price of $ 11,000 . After Forrester answered all of Larson 's questions , Forrester and Larson agreed to a sale . As Larson was leaving to get the money to pay for the car , Forrester told Larson that Robert Redford formerly owned the car . Larson later learned that Robert Redford had never owned the car . If Larson seeks to rescind the deal based on Forrester 's statement , Larson will :
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Question 10   1 / 1 point Ryan , a minor , contracted to sell his auto to Ed , a 28 ­ year­old . Ryan later refused to complete the sale . If Ed sues to enforce the contract , Ed will :
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Question 11   1 / 1 point Ron , a minor , goes to the hospital for treatment of the flu . On the new­patient form Ron signs , he agrees to pay for any care or treatment he receives . When billed for the treatment :
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Question 31 / 1 pointWhen courts consider economic duress, they consider all the following factors EXCEPT:relative bargaining power.financial distress.legitimate business actions.relative size of the contract.
Question 41 / 1 pointWhich of the following is most likely to constitute fraud?
Question 51 / 1 pointAngie, a minor, wants to avoid a contract she made with Cumberland Cycles. She maydisaffirm the contract by:
Question 61 / 1 pointDeborah purchased a boat from Sun 'N Surf Marine. She later learned that the salesmanhad made misrepresentations to induce her to make the purchase. Under UCC Section 2­721, Deborah can rescind the contract:

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