Asked by Cardian Williams on Jun 14, 2024
Verified
Under the Uniform Commercial Code,if a contract or a contract provision is so unfair that a court would be unreasonable if it enforced the agreement,the contract is deemed ________.
A) unconscionable
B) illusory
C) implied-in-law
D) conscionable
E) ancillary
Unconscionable
A term used to describe actions or terms in a contract that are so unfair or oppressive to one party that they are considered shocking to the moral conscience.
Contract Provision
A contract provision is a clause within a contract that specifies an agreement, obligation, or condition between the parties involved.
Enforced
The act of compelling compliance or obedience to laws, rules, or obligations through the application of authoritative measures.
- Detect the application of common law and UCC rules within sales agreements, considering the elements of insurable interest and unconscionability.
Verified Answer
Learning Objectives
- Detect the application of common law and UCC rules within sales agreements, considering the elements of insurable interest and unconscionability.
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