Why would the sellers knowledge of the buyers limited resources support a finding of unconscionability? Explain.

Question:

Why would the seller’s knowledge of the buyers’ limited resources support a finding of unconscionability? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

See More Books

Question Posted: Apr 30, 2012 02:58 PM

See More Questions

Explain how information systems provide support for knowledge workers.
Explain why organizational form may vary if specific knowledge versus general knowledge is needed for decision making.
Why are S corporations and limited liability companies (LLCs) attractive to enterprisers?
Google, the immensely popular Web search engine, has been touted as the closest thing the Web has to an ultimate answer machine. Although this is debatable, of course, it is far more difficult to...
Berol Corporation sold 20-year bonds on January 1, 2012. The face value of the bonds was $100,000, and they carry a 9% stated rate of interest, which is paid on December 31 of every year. Berol...
Which of the following is an authorization control? a. fingerprint reader c. encryption b. compatibility test d. log analysis
.000 Flight Att. .40 .24 .39 .13
The statements of financial position of CC Ltd and its two subsidiaries DD Ltd and EE Ltd as at 31 December 2017 are as follows: The following information is available: (a) CC Ltd acquired 60% of the...
Use the following selected account balances of Delray Mfg. to prepare its schedule of cost of goods manufactured for the year ended December 31
1. How should Ruby approach this briefing? Should she explain each mode of transportation or should she discuss only the concept of intermodal transportation? Explain your recommendation; why do you...
Applying the correct principles to the facts in this case, how would you have decided the issue? Explain.
Why didnt the court rule that the Joneses, as adults, had made a decision of their own free will and therefore were bound by the terms of the contract, regardless of the difference between the...
Advanced Residual Income and Return on Investment are commonly used measures of performance. However, they are frequently criticised for placing too great an emphasis on the achievement of short term...
According to the College Board website, the scores on the math part of the SAT (SAT-M) in a certain year had a mean of 507 and a standard deviation of 111. Assume that SAT scores follow a normal...
Pay and incentive programs are being used both for knowledge workers and in non-knowledge worker occupations. In every industry, from restaurants to construction and low-tech manufacturing, companies...
Closet International invested in an equipment in 2019 with an initial cost of $598,000. It falls under asset class 8 with a CCA rate of 20%. The equipment was sold in 2021 for $260,000. Calculate the...
Question 4 (30 Marks) A 12-ply Kevlar/Epoxy composite beam with layup [0/90 / 0 1s is loaded in 3-point bending, as shown in Figure Q4. The beam has a length, L of 100mm, a width, b of 25mm and a...
Scenario: You have been working in a community service sector for two years. However, you always find evaluating your own performance challenging. Your Supervisor has also identified that you do not...
During 2001, Litten Company purchased trading securities as a short-term investment. The costs of the securities and their market values on December 31, 2003, are listed below: Security Cost A $...
Define cultural intelligence. Cite the books or journal articles you found in Capella's library. Explain why cultural intelligence is important for HR practitioners and other organizational managers.
Fill in the blank: If the methods body includes two recursive calls to itself and the method executes both calls, the method is said to exhibit________.
Shepherd Corporation is considering acquiring RentCo by exchanging its stock (value of $10 per share) for RentCo's only asset, a tract of land (adjusted basis of $150,000 and no liability). The...
Shepherd Corporation is considering acquiring RentCo by exchanging its stock (value of $10 per share) for RentCo's only asset, a tract of land (adjusted basis of $150,000 and no liability). The...
In 2009, Xio and Xandra each invest $300,000 to create Xava Corporation. Xava develops and manufactures rock climbing and bungee jumping equipment. The business has become very profitable (it now is...
Date Account and Explanation Debit Credit Jun 1 Cash 105,000 Jun 1 Capital 105,000 (capital contribution) Jun 1 Computer Equipment 56,000 Jun 1 Cash 56,000 Jun 1 Cash 198,000 Jun 1 Bank Loan Payable...
.Is bankruptcy on the part of the borrower a common risk that frequently interferes with a lenders efforts to work out a defaulted loan through either nonforeclosure means or foreclosure? Discuss.
For each of the following, compute the future value: Present Value Years Interest Rate $ 1 , 2 5 0 1 9 1 2 % $ 9 8 , 7 2 7 1 5 1 3 % $ 6 2 5 6 1 2 % $ 1 1 7 , 6 2 2 7 1 6 % 2 . For each of the...

Why would the sellers knowledge of the buyers limited resources support a finding of unconscionability? Explain.

Question:

Step by Step Answer:

It may be that the court viewed the s...View the full answer

Business Law Text and Cases

Students also viewed these Business Law questions