Which of the following statements accurately reflects one of the principles regarding the doctrine of unconscionability?
A) It is based on the assumption that the parties to a contract should have equal bargaining power.
B) Imbalance in bargaining power alone is insufficient on its own to upset a contract.
C) The court will only intervene if there is evidence of mental incapacity of one of the parties.
D) The doctrine of unconscionability imposes a positive duty to disclose information.

Question

Quizplus · Accepted Answer

An imbalance in bargaining power alone is insufficient to render a contract unconscionable; there must also be evidence of unfair terms or exploitation.

Which of the Following Statements Accurately Reflects One of the Principles