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What is division of labor? How does it raise efficiency and productivity?
Substantive Unconscionability
A principle in contract law where a contract or a specific term is so unfairly one-sided that it is deemed unconscionable and unenforceable.
Procedural Unconscionability
Refers to a situation in contract law where the manner in which a contract was formed is unfair or oppressive, often due to unequal bargaining power or lack of choice.
Adhesion Conscionability
Adhesion conscionability examines whether a contract, typically a "take-it-or-leave-it" deal presented by the stronger party to the weaker, is so one-sided that it is unfair to the weaker party and therefore unenforceable.
Procedural Unconscionability
A legal principle referring to circumstances where the process involved in making a contract is deemed unfair or unjust, often due to a significant imbalance in power or information between the parties.
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