In Determining Procedural Unconscionability, a Court Is Most Likely to Consider

question 45

Multiple Choice

In determining procedural unconscionability, a court is most likely to consider whether

• A)none of the choices.
• B)any provision left one party without a remedy for nonperformance.
• C)any provision deprived one party of the benefits of the agreement.
• D)the buyer had an opportunity to ask questions about the contract.

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Definitions:

New Stock

Shares that have been issued to the public for the first time through an initial public offering (IPO) or additional issuance.

Corporation Control

The exercise of authority and management over the operations and strategic direction of a corporation, often through ownership or a controlling interest.

Common Shares

A type of equity security that represents ownership in a corporation, granting voting rights and dividends to shareholders.