U-Can-Own-It Corporation sells appliances to less educated consumers, including Vi, on installment plans. U-Can-Own-It files a suit against Vi when she stops making payments. Vi claims that the deal is unconscionable. The court will most likely consider

A) the geographic area of the relevant market.

B) the parties' relative bargaining power.

C) the quality of related products in the general market.

D) the relation of this deal to those of other customers.

Question

Breanna

Business

12 July, 01:03

U-Can-Own-It Corporation sells appliances to less educated consumers, including Vi, on installment plans. U-Can-Own-It files a suit against Vi when she stops making payments. Vi claims that the deal is unconscionable. The court will most likely consider

A) the geographic area of the relevant market.

B) the parties' relative bargaining power.

C) the quality of related products in the general market.

D) the relation of this deal to those of other customers.

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Answers (1)

Know the Answer?

Julia Warren · Answer 1

Answer: Option B the parties' relative bargaining power.

Explanation:

Bargaining power can be determined as the relative power of U can Own It corporation and Vi to influence both the parties. When both the parties equally argue they have their bargaining power.

Court tries to provide fair judgement to the parties in the case. If the ignorance of the customer is known to the company then the company should have explained the terms of installment. If the company has explained the terms verbally then the customer cannot be surprised to pay further installments which would be unfair.