A contract signed under duress is:
Why Voidable by the party subject to duress Is Correct
Answer B: Voidable by the party subject to duress
Exam Tip: Contracts
Contract questions frequently test the essential elements required for a valid contract. Remember: competent parties, mutual consent, lawful object, and sufficient consideration. Watch for void vs. voidable distinctions.
People Also Study
Related Alabama Questions
- In Alabama, a purchase contract signed under economic duress — where one party had no reasonable alternative but to sign — may be:Contracts
- A contract entered into under duress is:Contracts
- Which of the following would make an Alabama real estate contract voidable rather than void?Contracts
- In Alabama, a contract signed by a 16-year-old is:Contracts
Key Terms to Know
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
State-Specific Concepts
Study This Topic
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →