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When forming contracts, the model emphasizes voluntary transactions between parties. The term "voluntary" aims to exclude scenarios where agreement is compromised, notably through duress, such as agreeing under the threat of violence. In such cases, even with apparent consent, the coercion invalidates the agreement. Legal systems universally uphold the necessity to respect property rights, with duress rules protecting these rights. A more complex issue arises from mistakes made without coercion, which is less straightforward but essential for understanding contract validity.
