Olga enters into a contract to buy a refrigerator from a Prairie States Appliance store with the price to be paid in monthly installments. After thirty-six months of payments,Olga has paid more than twice the price of a similar stove. Eighteen payments remain due under the contract.
-Refer to Fact Pattern 20-1. Olga files a suit against Prairie States,claiming that their contract is so unfair and one sided that it would be unreasonable to enforce it. Olga is asserting
A)the concept of good faith.
B)the principle of fair trade.
C)thepredominant-factor test.
D)thedoctrine of unconscionability.

Question

Quizplus · Accepted Answer

Olga is asserting the doctrine of unconscionability, which refers to a situation where a contract is so one-sided and unfair that it would be unjust to enforce it. The fact that Olga has paid more than twice the price of a similar refrigerator after thirty-six months of payments, and still has eighteen payments due, suggests that the contract may be unconscionable.

Olga Enters into a Contract to Buy a Refrigerator from a Prairie