When will a contract not be enforced, even if it would be enforceable under contract law?
What is an unconscionable contract?
an agreement that "shocks the conscience" of the court
= unfair or unduly harsh
What are the 2 kinds of unconscionability?
procedural -- bargaining process was unfair/harsh
substantive -- contract terms are unfair/harsh
What is a consumer?
person that buys sth for personal, family, or household use
Why aren't business people as protected as consumers?
business people are expected to have better resources and knowledge
Review questions for Business Law and the Regulation of Business, 10th edition, Mann&Roberts, chapter 13