A contract most likely will be declared unconscionable if

a. it allows for an extremely high rate of interest to be charged.

b. it is signed by a minor for an item of luxury.

c. it is oppressive and one-sided.

d. it contains a cancellation clause.

Question

Social Studies

Wallace

20 May, 20:41

A contract most likely will be declared unconscionable if

a. it allows for an extremely high rate of interest to be charged.

b. it is signed by a minor for an item of luxury.

c. it is oppressive and one-sided.

d. it contains a cancellation clause.

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Answers (1)

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Mateo Dudley · Answer 1

A contract most likely will be declared unconscionable if it is oppressive and one-sided.

Answer: Option C

Explanation:

When the contract is one-sided which showcase unfairness to one party hence under law unenforceable, therefore termed as an unconscionable contract. Such a contract abandons party with no meaningful or real choice basically the reason is immense variations in bargaining power between the parties.

Such unconscionable contract is termed as the void in a lawsuit and no damages funds or support will be granted and parties will be made free from the contractual foundation.

A contract most likely will be declared unconscionable ifa. it allows for an extremely high rate of interest to be charged.b. it is signed by a minor for an item of luxury.c. it is oppressive and one-sided.d. it contains a cancellation clause.

A contract most likely will be declared unconscionable if

a. it allows for an extremely high rate of interest to be charged.

b. it is signed by a minor for an item of luxury.

c. it is oppressive and one-sided.

d. it contains a cancellation clause.