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unexecuted because the agreement was oral.
cancelable at any time. 358.
d. On which of the following would the usury statutes usually apply?
Time-price doctrine transaction
Purchase of an item with a credit card
Direct loan from a bank to borrower
A retail installment sales transaction 359.
d. Once a court finds a contract or a term of the contract to be unconscionable, it may:
refuse to enforce the entire agreement.
enforce the contract without the unconscionable provision.
change the unconscionable term so as to avoid any unconscionable result.
all of the above. 360. One of the most frequently occurring applications of the doctrine of promissory estoppel is to
d. Opal offered, in writing, to sell Larkin a parcel of land for $300,000. If Opal dies, the offer will
terminate prior to Larkin’s acceptance only if Larkin received notice of Opal’s death.
remain open for a reasonable period of time after Opal’s death.
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