If a Court Discovers That a Contract or Lease Provision

question 61

Multiple Choice

If a court discovers that a contract or lease provision or the contract or lease as a whole is unconscionable,what actions does the UCC provide for the court to take?

• A)The court either can refuse to enforce the contract or lease or can enforce the parts of the contract or lease that are fair.
• B)The court has no power to enforce the lease and must award the innocent party punitive damages.
• C)The court can only refuse to enforce the contract or lease in total.
• D)The contract is void.
• E)The court can only refuse to enforce the parts of the contract or lease that are unfair.

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Definitions:

Succession Planning

A strategy for identifying and developing new leaders who can replace old leaders when they leave, retire or pass away.

Succession Management

The process of identifying and developing potential future leaders or senior managers, as well as individuals to fill other business-critical positions, either in the short or the long term.

Key Talent

Individuals within an organization who possess critical skills or competencies that significantly contribute to achieving business objectives.

Retention

Strategies and practices aimed at keeping employees satisfied and engaged to reduce turnover and keep valuable talent within an organization.