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A person J agreed to buy a freezer costing &&#35;36;900. After-tax and additional charges, the cost got raised to &&#35;36;1,234.80. Later, the person J filed a suit against the seller in the state court to declare the purchase contract as unconscionable. To Find: The reason behind the knowledge of the seller regarding the buyer’s limited resource that supports the finding that the contract was unconscionable.

A person J agreed to buy a freezer costing &&#35;36;900. After-tax and additional charges, the cost got raised to &&#35;36;1,234.80. Later, the person J filed a suit against the seller in the state court to declare the purchase contract as unconscionable. To Find: The reason behind the knowledge of the seller regarding the buyer’s limited resource that supports the finding that the contract was unconscionable.

Solution Summary: The author explains that an unconscionable contract is a contract which is one-sided and so unfair that it cannot be enforced.

Book Title

10th Edition

ISBN: 9781337605656

Author: CROSS

Publisher: CENGAGE L

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Earlier times, there was a barter system of exchange of goods that is commodity exchange. With the advancements of other things, the sale of goods system has also changed and currencies came into existence. People then started exchanging goods against th…

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Chapter 14, Problem 1CT

Summary Introduction

Case summary: A person J agreed to buy a freezer costing &#36;900. After-tax and additional charges, the cost got raised to &#36;1,234.80. Later, the person J filed a suit against the seller in the state court to declare the purchase contract as unconscionable.

To Find: The reason behind the knowledge of the seller regarding the buyer’s limited resource that supports the finding that the contract was unconscionable.

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Chapter 14, Problem 9BCP

Chapter 14, Problem 2CT

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Chapter 14 Solutions

Book Title

Ch. 14 - Prob. 1RE Ch. 14 - Prob. 2RE Ch. 14 - Prob. 3RE Ch. 14 - Prob. 4RE Ch. 14 - Prob. 1IS Ch. 14 - Prob. 2IS Ch. 14 - Prob. 1BS Ch. 14 - Prob. 2BS Ch. 14 - Prob. 3BCP Ch. 14 - Prob. 4BCP

Ch. 14 - Prob. 5BCP Ch. 14 - Prob. 6BCP Ch. 14 - Prob. 7BCP Ch. 14 - Prob. 8BCP Ch. 14 - Prob. 9BCP Ch. 14 - Prob. 1CT Ch. 14 - Prob. 2CT Ch. 14 - Prob. 3CT

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