Which of the Following Is True About Unconscionable Contracts

question 32

Multiple Choice

Which of the following is true about unconscionable contracts?

• A) A term is substantially unconscionable if it is imposed upon the weaker party because of inconspicuous print.
• B) "Unconscionable" is not defined in the Restatement or the UCC.
• C) Procedural unconscionability arises where the affected terms deprive a party of any real remedy for breach.
• D) Courts find unconscionable contracts in the context of commercial transactions rather than consumer transactions.
• E) In the case of consumer transactions, the assumption is that the parties tend to be sophisticated businesspeople, able to look out for their own contract interests.

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Definitions:

Report

A detailed account or statement describing the results of an investigation, study, or assessment, often used in professional or academic contexts.

Cognitive Domain

An area of mental processes related to knowledge, understanding, reasoning, and intellectual development.

Trainee

An individual undergoing training in a particular field or job in order to gain the skills and knowledge necessary for competent performance.

Logical Fallacy

False reasoning that occurs when someone attempts to persuade without adequate evidence or with arguments that are irrelevant or inappropriate.