Discuss the Development and Importance of the Principle of Unconscionable

question 142

Essay

Discuss the development and importance of the principle of unconscionable contracts. In your answer compare unconscionability to insanity, duress, and undue influence.

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Definitions:

Second New Deal

A phase of the New Deal programs initiated by President Franklin D. Roosevelt in 1935 aimed at economic recovery, introducing social welfare benefits, labor rights, and financial reforms.

Mass Purchasing Power

The aggregated financial ability of the population or consumers to buy goods and services.

Employment

The condition of having paid work or the process of hiring someone for a job.

Roosevelt's Opponents

Individuals, political parties, or groups that opposed the policies, actions, or leadership of President Theodore Roosevelt (1901-1909) or Franklin D. Roosevelt (1933-1945).