Asked by Wenlu Zhang on May 16, 2024
Verified
For a contract to be unconscionable, it is necessary that the victim was particularly vulnerable and that the bargain was unfair.
Unconscionable
Actions or terms in a contract that are so unjust or overwhelmingly one-sided that they shock the conscience or are deemed unfair by law.
- Acknowledge the significance of fairness in contract law, encompassing issues like undue influence, misinterpretation, and the doctrine of unconscionable bargains.
Verified Answer
KC
kendysha crejusteMay 23, 2024
Final Answer :
True
Explanation :
Unconscionability in contract law requires that one party to the contract was at a significant disadvantage (vulnerability) and that the terms of the contract are excessively unfair or oppressive to that party, making the bargain unconscionable.
Learning Objectives
- Acknowledge the significance of fairness in contract law, encompassing issues like undue influence, misinterpretation, and the doctrine of unconscionable bargains.