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Juan Owns a House in a Poor Area of a Large

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Juan owns a house in a poor area of a large city.A salesman visits his home,selling aluminum siding.Juan buys and signs a contract,which calls for a price of $25,000 to be paid in monthly installments of $500 for 20 years.Juan only earns $700 per month.In addition,Juan's home is only worth about $35,000.The aluminum siding put on is worth no more than $1,500.Juan speaks and reads very little English and Juan thought he was signing a receipt for a free gift.Which of the following best describes this contract?


Definitions:

Plateresque Facades

Architectural facades characteristic of the Spanish Renaissance, adorned with intricate, ornamental designs that resemble silverwork (plateresque).

Carved Retable

A decorative element placed above and behind an altar, often intricately carved and used as a backdrop for liturgical objects.

Materialism

A philosophical viewpoint that regards material and physical objects, as well as the physical universe, as the only things that truly matter.

Moralizing Work

An artwork, literary work, or performance intended to convey moral lessons or criticisms, often through allegory or exemplar stories.

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