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:

Purchase Motivation

The underlying reasons or driving forces behind consumers' decisions to buy products or services.

Information Search

The process by which consumers seek out information about products, services, or brands to make informed purchasing decisions.

Buyer Decision Process

The steps a consumer goes through, including recognition of needs, information search, evaluation of alternatives, purchase decision, and post-purchase behavior.

Post-Purchase Processes

The series of steps and activities that occur after a consumer has bought a product, including evaluation of satisfaction and potential for repeat purchase.