Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Evelyn, an eight-nine year-old widow, in poor health, signs a contract with the only nursing home in Neartown (the next closest facility is 90 miles

Evelyn, an eight-nine year-old widow, in poor health, signs a contract with the only nursing home in Neartown (the next closest facility is 90 miles away). The contract obligates Evelyn to pay $4,000 per month for the rest of her life and for her estate t o pay the same amount for the period of time that the unit sits employ upon her death. Evelyn's daughter, just took Legal Environment of Business, believes this contract is unconscionable. 


What is an unconscionable contract? 


Does this contract amount to an unconscionable contract? 


Discuss the factors a court would use in determining whether it is an unconscionable contract.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

An unconscionable contract is a legal term that refers to a contract that is so onesided or oppressive that it shocks the conscience of the court It t... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Kin Lo, George Fisher

3rd Edition Vol. 1

133865940, 133865943, 978-7300071374

More Books

Students also viewed these Finance questions

Question

Question 2 Which best describes the static storage class?

Answered: 1 week ago

Question

x-3+1, x23 Let f(x) = -*+3, * Answered: 1 week ago

Answered: 1 week ago

Question

i need 9 6 7 . .

Answered: 1 week ago

Question

3. What makes the blind spot of the retina blindpg78

Answered: 1 week ago