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Under the UCC, if a court discovers that a contract or lease provision or the contract or lease as a whole is unconscionable, the court can ________.
A) void the contract completely
B) refuse to enforce the contract or lease in total
C) only refuse to enforce the parts of the contract or lease that are unfair
D) either refuse to enforce the contract or lease or can enforce the parts of the contract or lease that are deemed to be fair
E) award the innocent party punitive damages due to the court's lack of ability to enforce an unconscionable contract
Unconscionable
Refers to actions or terms in contracts that are so unfair or oppressive to one party that no reasonable or informed person would agree to them.
Contract Provision
A specific clause, term, or condition outlined within a contract that specifies obligations, rights, or restrictions.
Court
An institution that has the authority to make decisions on various types of disputes and legal matters, often comprising judges and following a set system of laws.
- Comprehend the application of the UCC across diverse contractual agreements and leases, including its influence on agreements considered to be unfair or unjust.
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Learning Objectives
- Comprehend the application of the UCC across diverse contractual agreements and leases, including its influence on agreements considered to be unfair or unjust.
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