Step 1: Understanding the Peek Vs. Gurney case.
Peek Vs. Gurney is a landmark case in contract law related to fraud. In this case, it was ruled that a statement made without fraudulent intent is not enough to void a contract. The case explored the issue of fraudulent misrepresentation and its effects on contract validity.
Step 2: Explanation of the options.
- (a) Coercion: This is unrelated to the Peek Vs. Gurney case.
- (b) Fraud: This is the correct answer, as the case deals with fraudulent misrepresentation.
- (c) Mistake of fact: The case does not deal with mistakes of fact.
- (d) Mistake of law: The case does not involve a mistake of law.
Step 3: Conclusion.
Thus, the correct answer is (b) Fraud.