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26 February, 03:16

A contract most likely will be declared unconscionable if

a. it allows for an extremely high rate of interest to be charged.

b. it is signed by a minor for an item of luxury.

c. it is oppressive and one-sided.

d. it contains a cancellation clause.

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Answers (1)
  1. 26 February, 03:22
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    A contract most likely will be declared unconscionable if it is oppressive and one-sided.

    Answer: Option C

    Explanation:

    When the contract is one-sided which showcase unfairness to one party hence under law unenforceable, therefore termed as an unconscionable contract. Such a contract abandons party with no meaningful or real choice basically the reason is immense variations in bargaining power between the parties.

    Such unconscionable contract is termed as the void in a lawsuit and no damages funds or support will be granted and parties will be made free from the contractual foundation.
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Home » Social Studies » A contract most likely will be declared unconscionable if a. it allows for an extremely high rate of interest to be charged. b. it is signed by a minor for an item of luxury. c. it is oppressive and one-sided. d. it contains a cancellation clause.
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