Which of the Following Is True of Unconscionable Contracts

question 12

Multiple Choice

Which of the following is true of unconscionable contracts?

• A) The doctrine of unconscionability can be used to relieve people of their bad bargains.
• B) The courts do not have the freedom to remedy unconscionable contracts.
• C) The courts do not define unconscionable, leaving it instead for the Code to define.
• D) A court may refuse to enforce an unconscionable contract as contrary to public policy.

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Definitions:

Exponential Distribution

The exponential distribution is a continuous probability distribution that describes the time between events in a Poisson process, where events occur continuously and independently at a constant average rate.

Exponentially Distributed

It refers to a type of continuous probability distribution that describes the time between events in a Poisson point process, where events occur continuously and independently at a constant average rate.

Parameter λ

A specific numerical or symbolic constant used in mathematics and statistics to represent a characteristic or value in a general function or equation.

Normally Distributed

Describes a symmetrical, bell-shaped distribution of data where most of the observations cluster around the central peak and the probabilities for values farther away from the mean taper off equally in both directions.