Olympics Inc knows that Ray-Duke Construction is on the edge of possible bankruptcy and desperately needs money to meet its payroll next week. Olympics owes Ray-Duke $100,000 for construction work
Olympics says to Ray-Duke, Take $50,000 in full settlement or sue us. It will be two years before you get a judgement in court." Ray-Duke accepts because it can't wait two years. What remedy, if any, does Ray-Duke have to get the other half of the money from Olympics?
A) Misrepresentation.
B) Undue influence
C) Non est factum
D) Economic duress
E) Ray-Duke has no remedy.
D
Business
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