Question

1. Which of the following is true about unconscionable contracts?

a. A term is substantially unconscionable if it is imposed upon the weaker party because of inconspicuous print.

b. "Unconscionable" is not defined in the Restatement or the UCC.

c. Procedural unconscionability arises where the affected terms deprive a party of any real remedy for breach.

2. Which of the following bargains does the court consider illegal?

a. Party not equally at fault

b. Excusable ignorance

c. Contracts interfering with family relations

3. Which of the following led the court to its final decision in the Bovard v. American Horse Enterprises case?  

a. The corporation was not engaged in jewelry production.

b. The consideration for the contract was contrary to the policy of express law.

c. The policy against manufacture of drug paraphernalia was explicit in the statute.

d. The parties were not in pari delicto.

Answer 1

Q 1.
Answer: b."Unconscionable" is not defined in the Restatement or the UCC. This is true about Unconscionable contract.

Q 2.
Answer: c. Contracts interfering with family relations. This bargain is considered illegal by court.

Q 3.
Answer: b.The consideration for the contract was contrary to the policy of express law.