A contract most likely will be declared unconscionable if
A)it allows for an extremely high rate of interest to be charged.
B)it contains a cancellation clause.
C)it is oppressive and one-sided.
D)it is signed by a minor for an item of luxury.

Question

Quizplus · Accepted Answer

A contract is likely to be declared unconscionable if it is oppressive and one-sided, meaning that it heavily favors one party and imposes unfair or unreasonable terms on the other party. While high interest rates and contracts signed by minors for luxury items may raise red flags, they alone do not necessarily make a contract unconscionable. The presence of a cancellation clause does not necessarily make a contract unconscionable either, as long as it is not overly restrictive or unfairly imposes penalties on one party.

A Contract Most Likely Will Be Declared Unconscionable If