When a Sales Contract as a Whole Is Unconscionable, the Courts

question 12

True/False

When a sales contract as a whole is unconscionable, the courts do not have the right to refuse to enforce the contract.

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Definitions:

Real Estate

The property consisting of land or buildings, its natural resources, and any associated rights. It encompasses the buying, selling, and leasing of these properties.

Chapter 11

Chapter 11 is a provision under the U.S. Bankruptcy Code that allows businesses to reorganize their debts and try to become profitable, while continuing operations.

Debt

Money that is owed or due to be paid by one party (the borrower) to another (the lender); often involves repayment with interest.

Intellectual Property

Intangible creations of the human intellect that are accorded legal rights of ownership and use.