Rajid,an immigrant who speaks little English,enters into a contract to pay $300 per month for ten years to purchase an auto from Travel Motor Co.The appraised retail value of the car is $5000.What legal remedy would release Rajid from his contract?

Question

Quizplus · Accepted Answer

Unconscionability refers to a situation where a contract is excessively unfair to one party, such as when the price is unreasonably high or the terms are very one-sided. Given that Rajid is paying $300 per month for ten years for a car worth only $5000, it is possible that the contract is unconscionable and therefore he may be released from it.

Rajid,an Immigrant Who Speaks Little English,enters into a Contract to Pay