When One Party Has Vastly Superior Bargaining Power Over Another

question 43

Multiple Choice

When one party has vastly superior bargaining power over another, they often draft their contracts without consultation with the other party. These contracts are called​

• A)adhesion contracts.
• B)unconscionable contracts.
• C)unenforceable contracts.
• D)t o r t s .

---

Definitions:

Negotiations Fail

When negotiations fail, it means that parties involved in discussions cannot reach an agreement or compromise on specific issues.

Efficient Level

The optimal point of production or operation where a firm or an economy can produce goods at the lowest cost and with the best allocation of resources.

Kennel Owner

An individual who owns or operates a facility where dogs are housed, cared for, and sometimes bred.

Earplugs

Small devices inserted into the ear canal to protect the ears from loud noises, water, foreign bodies, or excessive wind.