John Operates a Small Repair Business and Is in Desperate

question 35

Multiple Choice

John operates a small repair business and is in desperate need of a certain type of building material. He obtains the material from a large corporation, but is charged a grossly unreasonable price and is forced to buy other material he does not need. In view of the buyer's unequal bargaining power and unreasonable terms of the contract, this may be a case of:

• A) in pari delicto .
• B) partial illegality.
• C) substantive unconscionability.
• D) procedural unconscionability.

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Definitions:

Evidence-Based Management

Evidence-Based Management involves making organizational decisions based on the best available scientific evidence, rather than on personal preference or tradition.

Multiple Sources

Involves collecting or receiving information from more than one origin to provide a broader perspective or verify accuracy.

Analytics

The systematic computational analysis of data or statistics, used to inform decision-making or enhance performance.

General Electric

A multinational conglomerate corporation specializing in sectors such as energy, healthcare, digital industry, and aviation.