Contracts Between Parties of Unequal Bargaining Power That Are Unfairly

question 58

Multiple Choice

Contracts between parties of unequal bargaining power that are unfairly advantageous to the powerful parties have long been considered

• A)bilateral contracts and void.
• B)unilateral contracts and voidable.
• C)unconscionable contracts and voidable.
• D)non est factum.
• E)contrary to the Criminal Code of Canada.

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Definitions:

Misstatements

Incorrect or misleading representations of facts, typically in financial reporting, statements, or documents.

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Property insurance provides coverage against risks to property, such as damage or theft, offering financial reimbursement to the owner or renter.

Real Insurance Company

A licensed entity that provides insurance products and services to individuals and businesses.

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A type of insurance that provides financial support to individuals who are unable to work due to a disability.