MLchartDataset catalogue

Economic duress

Term · Law · MLC-T-LAW-001800

A defense to contract enforcement where one party is coerced into an agreement by an illegitimate threat that leaves them with no reasonable alternative but to accept. This typically involves a threat to breach an existing contract or to withhold goods or services unless new, more onerous terms are accepted. For a claim of economic duress to succeed, the threat must be wrongful and induce the victim's assent.

Table 1. Record
IdentifierMLC-T-LAW-001800
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001800",
  "term": "Economic duress",
  "field": "Law",
  "definition": "A defense to contract enforcement where one party is coerced into an agreement by an illegitimate threat that leaves them with no reasonable alternative but to accept. This typically involves a threat to breach an existing contract or to withhold goods or services unless new, more onerous terms are accepted. For a claim of economic duress to succeed, the threat must be wrongful and induce the victim's assent.",
  "url": "https://mlchart.com/terminology/law/economic-duress/"
}

Record 1,687 of 5,445 in Law terminology (MLC-0107). Request the full dataset.