Asked by
Houyew Tiong
on Nov 21, 2024Verified
A contract or contract provision is said to be unconscionable if ________.
A) it is not written out
B) a party is trying to enforce an oral agreement
C) it is so unfair that a court would be unreasonable if it enforced the contract
D) it is less than $25,000 and is not in writing
E) there are more than two parties associated with the contract
Unconscionable
Defined as something that is shockingly unfair or unjust, often used in a legal context to describe terms or agreements.
Unfair Contract
An agreement that significantly disadvantages one party over the other, often due to unequal bargaining positions.
Court Enforcement
The process by which courts ensure compliance with their orders, judgments, or decrees, often involving legal mechanisms to compel parties to adhere to the terms set forth.
- Understand the relevance of the Uniform Commercial Code (UCC) to various contracts and leases, and its impact on contracts deemed unconscionable.
Verified Answer
HM
Learning Objectives
- Understand the relevance of the Uniform Commercial Code (UCC) to various contracts and leases, and its impact on contracts deemed unconscionable.