Asked by Jacqueline Robertson on May 02, 2024
Verified
Rajid,an immigrant who speaks little English,enters into a contract to pay $300 per month for ten years to purchase an auto from Travel Motor Co.The appraised retail value of the car is $5000.What legal remedy would release Rajid from his contract?
A) Unconscionability
B) Specific performance
C) Punitive damages
D) Implied understanding
Unconscionability
A legal doctrine that describes terms that are so unjust or overwhelmingly one-sided in favor of the party with more power.
Immigrant
A person who comes to live permanently in a foreign country.
Legal Remedy
The means by which a court enforces a right, imposes a penalty, or makes another court order to impose its will.
- Recognize the legal remedies available for unconscionability in contracts.
Verified Answer
ZK
Zybrea KnightMay 06, 2024
Final Answer :
A
Explanation :
Unconscionability refers to a situation where a contract is excessively unfair to one party, such as when the price is unreasonably high or the terms are very one-sided. Given that Rajid is paying $300 per month for ten years for a car worth only $5000, it is possible that the contract is unconscionable and therefore he may be released from it.
Learning Objectives
- Recognize the legal remedies available for unconscionability in contracts.