Q1: A disparity of bargaining power between the parties to a contract may result in unfair terms but a court is not likely to consider the contract unconscionable.
Group of answer choices
a. True
b. False
Q2: If a contractor’s bid was significantly low because he or she made a mistake in adding up the total estimated costs, any contract resulting from the bid is still normally enforceable.
Group of answer choices
a. True
b. False
Ans 1
False
Reason:-
Disparity of bargaining power makes the contract unconscionable. Therefore, court has to declare the contract void
Ans 2
False
Reason:-
It is a mistake but it is unintentional. Therefore, court will declare it void provided material facts are presented in court.
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Q1: A disparity of bargaining power between the parties to a contract may result in unfair...
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