The legal concept of unconscionability a is a part of

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41. The legal concept of unconscionability: A. is a part of the doctrine of freedom of contract.B. establishes that certain classes of contracts are voidable.C. pertains to unequal bargains.D. is only present in contracts between consumers and large companies.
42. Which of the following is a true statement for unconscionable contracts?
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Chapter 15 - Illegality43. Adhesion contracts fall under:
44. If a court finds a contract to be unconscionable, the UCC gives it the power to:
45. Identify the true statement regarding unconscionable contracts. A. It protects clauses in fine print or in such technical language that an ordinary person would not understand their meaning.B. They may result when a party with superior bargaining power imposes unfair terms on the other party.C. They work on the basic assumption that public interest is best served by free competition.D. They are provisions in a contract that attempts to relieve one party from liability for the consequences of his/her own negligence.
Short Answer Questions46. Explain the difference between a regulatory and revenue-raising statute. 15-9
Chapter 15 - Illegality47. What are the exceptions to contracts under statute violation? 48. Name the kinds of contracts courts often hold to be illegal because they violate public policy. 49. Sam was an expert distance runner who entered into Big City Marathon. In order to participate, he had to sign a "General Release of Claim," which said that he assumed all risk of competition and released all claims against the Marathon and its sponsors. During the first mile, Sam was found unconscious, probably as a result of tripping and falling on his head. He died a few hours later. Sam's estate filed a wrongful death suit against Marathon. Is the suit barred by the exculpatory clause? 50. What factors do the courts consider in determining whether a contract is unconscionable? 15-10
Chapter 15 - IllegalityChapter 15 Illegality Answer KeyTrue / False Questions

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