Epic Theatres, Inc. Epic Theatres is a privately held motion picture theatre circuit currently operating 67 screens, at 6 sites, in 3 states. USA. epictheatres.com.
~~ Take a quiz on duress in contract law ~~. ~~ Play hangman on duress in contract law ~~. Duress in contract law relates to where a person enters an agreement as a result of threats. Where a party enters a contract because of duress they may have the contract set aside. Originally, the common law only recognised threats of unlawful physical violence, however, in more recent times the courts have recognised economic duress as giving rise to a valid claim.
Since the words contract and agreement are often used in legal contexts, it is very important for everyone to know the difference between contract and agreement. Contract is a legal agreement between two more entities, enforcing an obligation to do something or to refrain from doing certain things. contract is a legally binding agreement between two or more entities, but a legal agreement is not always a contract. Any agreement is considered to be legally binding and becomes a contract when three conditions are met. The conditions are Offer and Acceptance, intention to create legal relation and consideration.