Can economic duress be a basis for setting aside a contract?
British Columbia, Canada
The following excerpt is from Chepil v. Chepil, 2006 BCSC 15 (CanLII):
Economic duress may be a basis for setting aside a contract, but only if there was such coercion of the will that the contract was not voluntarily entered into: Pao On v. Lau Yiu, [1979] 3 All E.R. 65 (P.C.) at 79.
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