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book Law, Business, and Society 9th Edition by Tony McAdams cover

Law, Business, and Society 9th Edition by Tony McAdams

Edition 9ISBN: 978-0073377650
book Law, Business, and Society 9th Edition by Tony McAdams cover

Law, Business, and Society 9th Edition by Tony McAdams

Edition 9ISBN: 978-0073377650
Exercise 10
A door-to-door salesman representing Your Shop at Home Services, Inc., called on Clifton and Cora Jones, who were welfare recipients. The Jones couple decided to buy a freezer from the salesman for $900. Credit charges, insurance, and so on were added to that $900 base so that the total purchase price was $1,439.69. Mr. and Mrs. Jones signed a sales agreement that accurately stipulated the price and its ingredients. The Joneses sued to reform the contract on unconscionability grounds. They had paid $619.88 toward the total purchase price. At trial, the retail value of the new freezer at the time of purchase was set at approximately $300.
a. What is the issue in this case
b. Decide. Explain. See Jones v. Star Credit Corp., 298 N.Y.S. 2d 264 (1969).
Explanation
Verified
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a."Whether or not, under the circumstanc...

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Law, Business, and Society 9th Edition by Tony McAdams
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