What Actions Does the Uniform Commercial Code Allow a Court

question 37

Multiple Choice

What actions does the Uniform Commercial Code allow a court to take if it discovers that a contract or lease provision is unconscionable?

• A)The court must refer the matter to mediation.
• B)The court must refer the matter to arbitration.
• C)The court must refuse to enforce the entire contract or lease.
• D)The court can either refuse to enforce the contract or lease,or it can enforce the parts of that are fair.
• E)The court has no power to enforce the contract or lease,and it must award the innocent party punitive damages.

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Definitions:

Game

An interactive, often competitive activity involving skill, chance, or endurance on the part of two or more persons who play by a set of rules, usually for entertainment.

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The study of human and animal behavior through observation and empirical analysis, encompassing fields such as psychology, sociology, and anthropology.

Economic Analysis

The systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective.

Poverty

The state of being extremely poor, where individuals or communities lack the financial resources to meet basic living needs.