What are Unconscionable Contracts

What are Unconscionable Contracts

Share
What are Unconscionable Contracts
An unconscionable contract is unenforceable. It is immaterial whether a waiver is explicit or implicit. Procedural unconscionability also gives rise to an unconscionable contract if one of the parties is in a vastly superior bargaining position.
An unconscionable contract may also contain substantive unconscionability if the terms of the contract are excessively harsh or would be oppressive to implement. An unconscionable contract can also result if the party selling the goods marks up the price tremendously and attempts to hide how great the mark up is.
Whether a contract is conscionable or unconscionable can only be determined by a judge and never by a jury.

Comments

comments

Share

Related Articles