Card Set Information
UNT BLAW3430 ch13 BLAW
Review questions for Business Law and the Regulation of Business, 10th edition, Mann&Roberts, chapter 13
When will a contract not be enforced, even if it would be enforceable under contract law?
What is an unconscionable contract?
an agreement that "shocks the conscience" of the court
= unfair or unduly harsh
What are the 2 kinds of unconscionability?
procedural -- bargaining process was unfair/harsh
substantive -- contract terms are unfair/harsh
What is a consumer?
person that buys sth for personal, family, or household use
Why aren't business people as protected as consumers?
business people are expected to have better resources and knowledge