
Law, Business and Society 11th Edition by Tony McAdams
Edition 11ISBN: 978-0078023866
Law, Business and Society 11th Edition by Tony McAdams
Edition 11ISBN: 978-0078023866 Exercise 15
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).
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
a. "Whether or not, under the circumstan...
Law, Business and Society 11th Edition by Tony McAdams
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