BLAWch13

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  1. When will a contract not be enforced, even if it would be enforceable under contract law?
    • illegal bargains
    • unconscionable contracts
  2. What is an unconscionable contract?
    an agreement that "shocks the conscience" of the court

    = unfair or unduly harsh
  3. What are the 2 kinds of unconscionability?
    • procedural -- bargaining process was unfair/harsh
    • substantive -- contract terms are unfair/harsh
  4. What is a consumer?
    person that buys sth for personal, family, or household use
  5. Why aren't business people as protected as consumers?
    business people are expected to have better resources and knowledge
Author
ID
156487
Card Set
BLAWch13
Description
Review questions for Business Law and the Regulation of Business, 10th edition, Mann&Roberts, chapter 13
Updated
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