An Unconscionable Contract Is

question 471

Multiple Choice

An unconscionable contract is:

• A) a contract so unfair to an innocent party that the courts, in equity, will not enforce it
• B) enforced if the contract is for the sale of perishable goods whose demand fluctuates widely
• C) one involving public servants, such as legislators
• D) one involving minors
• E) all of the other choices

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Definitions:

Right

A moral or legal entitlement to have or obtain something or to act in a certain way.

Central Authority

The main governing body or agency in a political or administrative system responsible for overseeing implementation of certain rules or policies.

Universal Standards

Generally accepted principles or criteria that apply globally across industries, cultures, or systems.

Ethics

The branch of philosophy that deals with questions about morality, guiding the principles of right and wrong in human conduct.