Fact Pattern 17-1
Olga enters into a contract to buy a refrigerator from a Prairie States Appliance store with the price to be paid in monthly installments. After thirty-six months of payments, Olga has paid more than twice the price of a similar stove. Eighteen payments remain due under the contract.
-Refer to Fact Pattern 17-1. Olga files a suit against Prairie States, claiming that their contract is so unfair and one sided that it would be unreasonable to enforce it. Olga is asserting
A) the concept of good faith.
B) the principle of fair trade.
C) the predominant-factor test.
D) the doctrine of unconscionability.

Question

Fact Pattern 17-1 
Olga enters into a contract to buy a refrigerator from a Prairie States Appliance store with the price to be paid in monthly installments. After thirty-six months of payments, Olga has paid more than twice the price of a similar stove. Eighteen payments remain due under the contract.
-Refer to Fact Pattern 17-1. Olga files a suit against Prairie States, claiming that their contract is so unfair and one sided that it would be unreasonable to enforce it. Olga is asserting
A) the concept of good faith.
B) the principle of fair trade.
C) the predominant-factor test.
D) the doctrine of unconscionability.

Quizplus · Accepted Answer

Olga is asserting the doctrine of unconscionability, which refers to a contract that is so one-sided and unfair that it would be unreasonable to enforce it. Olga's claim is based on the fact that she has paid more than twice the price of a similar refrigerator and still owes eighteen more payments. This is clearly an unfair and unconscionable contract.