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QUESTION 14 14) Contracts that involve parties of unequal bargaining power are often considered: A) unconscionable. B) contracts of adhesion. C) inadequate. D) illegal QUESTION
QUESTION 14 14) Contracts that involve parties of unequal bargaining power are often considered: A) unconscionable. B) contracts of adhesion. C) inadequate. D) illegal QUESTION 15 15) The promise to refrain from doing something that a party has a legal right to do, or the promise of inaction, is known as: A) incorporation. B) forbearance. general release. D) pledge or subscription. QUESTION 16 16) The three essential characteristics of valid consideration are: A) accuracy, brevity, and clarity. B) fulfillment of social, moral and ethical obligations. C) legality, adequacy, and the possibility of performance. D) intention, practices, and policies. QUESTION 17 17) The Uniform Commercial Code section 2-209 deals with A) modification of an offer. B) modification of an existing contract. rejection of an offer. D) breach of a contract
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