Zena Enters into a Contract with Steeley Company to Purchase

question 34

Multiple Choice

Zena enters into a contract with Steeley Company to purchase a washer and dryer.She doesn't understand the financing terms,but signs the agreement anyway because she needs the appliances.The financing terms are very unfavorable to Zena,and she is unable to make all of her payments when they are due.Steeley sues.The court would:

• A) be exercising judicial restraint if it requires Zena to pay as she promised, even if the agreement was unfair and unwise.
• B) have to rewrite the contract to be fair to both parties.
• C) have to declare the contract void since it contained terms unfavorable to the weaker party to the transaction.
• D) use the theory of promissory estoppel to remedy any unfavorable terms in the contract.

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Definitions:

Terrestrial Biomes

Large community of plants and animals that occupies a distinct region of land, identified by its climate, soil, and vegetation types.

Estuary

A coastal area where freshwater from rivers and streams meets and mixes with saltwater from the ocean, creating a unique and biodiverse ecosystem.

Floodplain Zone

An area adjacent to a river or stream that experiences occasional or periodic flooding, often fertile due to the silt deposits, but also susceptible to water damage.

Net Primary Production

The amount of carbon uptake after subtracting the carbon dioxide lost through autotrophic respiration, representing the total biomass produced by plants.