Question 3 (Mandatory)SavedWhich of the following are characteristics of an unconscionable contract? Choose allthat apply.The contract is unfair to one party.The parties have unequal bargaining power.The contract is verbal.The contract is very one-sided.Question 4 (Mandatory)SavedWhich of the following statements is true about exculpatory clauses? Choose all thatapply.An exculpatory clause cannot shield an employer from liability from the injuriesof employees sustained while working.An exculpatory clause might be found invalid if the party it protects isperforming a service necessary to the general public.An exculpatory clause is valid as long as the contract is signed by both parties.An exculpatory clause is more likely to be found to be valid if the parties wereable to negotiate its terms.

3. An unconscionable contract is marked by elements that render it fundamentally unfair and…

Answered: Which of the following are…

Similar questions

What are the main differences between arbitration and mediation in negotiation? Briefly explain both!
There are three legal remedies for breach of contract: Which of these is not one of the remedies for breach of contract? Imprisonment Restitution Payment of damages O Specific performance of the contract
When signing a contract, how can you ensure consideration? Renegotiating an excisting contract : how do you meet the consideration requirement?
The elements of a valid contract is an offer, acceptance, consideration and intention to contract. An offer and acceptance equals an agreement. While consideration can be defined as something in the eyes of the law which can compensate or be adequate compensation for the promise to do an act. However, consideration is not an essential element in any contractual agreement. Parties to a contract simply have to establish an agreement and consideration can be ignored. Critically discuss. Requirements 1- An introduction and a conclusion. 2- A critical discussion on the concept of what are the elements of a valid consideration, inclusive of rules governing a valid consideration. Use landmark cases such as: Chappell and Co v Nestle Ltdjones vs padavattonstilk v myrickfisher vs bellhyde v wrenchhyde vs wrenchCurrie v Misa . Provide scholarly references
Choose a company that operates within the Caribbean Region and apply the concept ofpsychological contracts to that company, by discussing its main features and how they develop.Discuss how employees’ psychological contracts might be violated and the consequences of theseviolations for employers.
WHAT IS THE MEANING OF THE OBJECTIVE THEORY OF CONTRACTS AND HOW DOES THE OBJECTIVE THEORY OF CONTRACTS RELATE TO CONTRACTUAL INTENT?
In relation to Consideration select the CORRECT statement:Select one:To be valid, the agreed price and the goods sold, must be of equal value.Consideration can be vague or illusory as long as it was communicated to the other partyConsideration is the exchange of something of value (a thing, a promise, money etc), given in return for something else of value (a thing, a promise, money etc)Consideration is not necessary to form a legally binding contractTo be valid, Consideration must involve payment of money, in return for something of value.
Consideration comes in many forms. Financial exchange is the most common but there are many other ways to demonstrate value when bargaining for consideration. Find an interesting case wherein the consideration did not involve money (Do not use Hamer v. Sidway) but was still seen by the court as "legally bargained for consideration" under contract law. Also explain the difference between a gift or gift promise. Why is it important to understand the difference? What is promissory estoppel?
How do the parties to a negotiation demonstrate their willingness to compromise?
Fourteen applicants for a city of Providence, Rhode Island, police academy training class each received from the city a letter stating that it was a "conditional offer of employment" subject to successful completion of medical and psychological exams. The 14 applicants passed the medical and psychological exams. However, these applicants were replaced by others after the city changed the selection criteria. Can you identify an offer and acceptance in this case? Can you make out a bilateral or unilateral contract? Why or why not? Provide a rationale or explain how you came to this conclusion. What is the moral of the case? Lessons Learned? Affects to the 14 applicants?
Parties to a contract ('the Pre-existing Contract) may terminate the contract by entering a further contract, which discharges the Pre-existing Contract. Group of answer choices True False
–Said is the owner of a shop. He places a notice on the window advertising the sale of batteries at half price. What kind of notice? You should provide in your answer: 1- What kind of contract 2- Legal or not 3- Express or implied or Quasi 4- Unilateral or Bilateral 5- Your reflection and comments

SEE MORE QUESTIONS

Which of the following are characteristics of an unconscionable contract? Choose all that apply. The contract is unfair to one party. The parties have unequal bargaining power. The contract is verbal. The contract is very one-sided.