Which Statement Best Reflects One of the Principles Regarding the Doctrine

question 13

Multiple Choice

Which statement best reflects one of the principles regarding the doctrine of unconscionability?

• A) It is based on the assumption that the parties to a contract should have equal bargaining power.
• B) Imbalance in bargaining power alone is insufficient on its own to upset a contract.
• C) The court will only intervene if there is evidence of mental incapacity of one of the parties.
• D) The doctrine of unconscionability imposes a positive duty to disclose information.

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Definitions:

Property Ownership

The legal right to possess, control, benefit from, and transfer real estate or personal property.

Heir

A person legally entitled to receive part of the estate of a deceased person, either by will or through intestate succession laws.

Specific Warranty Deed

A legal document that transfers real estate ownership, guaranteeing the property is free from claims and liens only during the grantor's ownership.

General Warranty Deed

A legal document transferring property ownership that guarantees the seller holds clear title and assumes responsibility for any title defects.