E-Mation Entered into a Contract with a Consumer,Ezra,a Recent Immigrant

question 7

Multiple Choice

E-mation entered into a contract with a consumer,Ezra,a recent immigrant to the United States who spoke very little English and had no formal education.The contract provided for Ezra to pay $2,500 for a computer system.The system was worth $400.If E-mation sued Ezra for enforcement of the contract,what is the most likely result?

• A)The contract is enforceable because of usury statutes.
• B)The contract is unenforceable because it is ancillary to a legitimate bargain.
• C)The contract is enforceable because of the exculpatory clause.
• D)The contract is unenforceable because it is unconscionable.

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The issuer-designated value of a bond, share of stock, or coupon, known as its nominal or face value.

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