What Must Be Established for a Court to Rule a Contract

question 66

Multiple Choice

What must be established for a court to rule a contract is unconscionable?

• A)unequal bargaining power
• B)the contract was grossly unfair
• C)one party was significantly weaker due to inabilities or distress
• D)the transaction was hasty and careless
• E)all of the above

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Definitions:

Principal

In a contractual relationship, the principal is the party who authorizes an agent to act on their behalf.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that an item was delivered or that a delivery attempt was made.

Supreme Court of Tennessee

The highest appellate court in the state of Tennessee, responsible for interpreting state laws and constitution.

Vicariously Liable

The legal principle that holds a party responsible for the actions of another, typically in employer-employee relationships, even if the party was not directly involved in the incident.