Chapter 13 Notes - 2

Chapter 13 Notes - 2 - Adhesion Contracts and...

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Ch. 13 Undue Influence and Duress Relationships in which one party can greatly influence another party o Ex: Minors, elderly people, guardians o Ex: Confidential or fiduciary relationships Party being taken advantage of does not exercise free will when entering into contract o Physical duress: void o Economic duress: voidable only if alternative would’ve led to failure of business
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Unformatted text preview: Adhesion Contracts and Unconscionability • Adhesion Contract – contracts on a take-it-or-leave-it basis • Must show that parties had substantially unequal bargaining positions and enforcement would be manifestly unfair or oppressive...
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