| 英文摘要 |
The term“duress”under Article 150 of the Civil Code should be interpreted to include economic duress, meaning situations where a party forces the other party to make a declaration of intent by infringing or threatening to infringe upon property interests other than absolute rights. A typical example is when a debtor uses the threat of their own impending breach of contract to coerce the creditor into accepting a modification of the contract. Regulating economic duress not only protects the autonomy of the coerced party's intention and prevents them from being forced into a“hold-up”situation due to contract formation, but also helps curb opportunistic behavior within contractual relationships, ensuring the proper functioning of price mechanisms and preventing an overall decline in social welfare. The doctrine of unconscionable bargains is insufficient to address the issue of economic duress. From the perspective of legal requirements, economic duress does not require special additional elements beyond those of general duress. In terms of illegality, any conduct that involves using the threat of breach of contract as a means of coercion is inherently unlawful; economic duress based on lawful conduct should not be recognized. When assessing whether there is a causal link between economic duress and the coerced party's declaration of intent, particular attention should be paid to whether the coerced party had reasonable alternative options. Whether the coerced party expressed protest may also affect whether the right of rescission has been extinguished. |