Identify the True Statement Regarding Unconscionable Contracts

question 29

Multiple Choice

Identify the true statement regarding unconscionable contracts.

• A)It protects clauses in fine print or in such technical language that an ordinary person would not understand their meaning.
• B)They may result when a party with superior bargaining power imposes unfair terms on the other party.
• C)They work on the basic assumption that public interest is best served by free competition.
• D)They are provisions in a contract that attempts to relieve one party from liability for the consequences of his/her own negligence.

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Definitions:

Integrative Negotiating

A negotiating strategy focusing on mutual gain and collaborative outcomes rather than competitive stances.

Pressure Tactics

Aggressive strategies designed to coerce, intimidate, or influence another party to concede or comply with certain demands or conditions.

Status Quo

The existing state of affairs or current condition, often used as a reference point before any changes are made.

Highly Charged

Describes a situation or issue that is emotionally intense or fraught with strong feelings.