Contracts
A Mississippi real estate contract is signed under duress. The effect on the contract is that it is:
AVoid and has no legal effect
BVoidable at the option of the party who signed under duress✓ Correct
CValid since both parties signed
DUnenforceable only if the duress was physical
Explanation
A contract signed under duress is voidable, not void. The party who was subjected to duress has the option to rescind the contract or affirm it. Only that party (not the party who applied the duress) can exercise this option.
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