Under the Doctrine of ________,There Must Be Proof That the Parties

question 48

Multiple Choice

Under the doctrine of ________,there must be proof that the parties had substantially unequal bargaining power,that the dominant party misused its power in contracting,and that it would be manifestly unfair or oppressive to enforce the contract.

• A) unconscionability
• B) substantial performance
• C) specific performance
• D) res ipsa loquitur
• E) equity

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Definitions:

Wage Rates

The standard amount of compensation individuals receive in exchange for their labor, usually expressed per hour or year.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

MRP Curves

Marginal Revenue Product curves, which depict the additional revenue generated by employing one more unit of a resource, such as labor or capital.

Manufacturing Jobs

Positions in the workforce that involve working in factories, plants, or anywhere goods are produced in large quantities.