Most provincial jurisdictions in Canada have enacted legislation to provide a form of protection to consumers by setting unconscionability as a standard for the assessment of fairness of the bargain.Which of the following elements of this legislation is most similar to elements addressed in separate,related consumer loan protection legislation?
A) The price grossly exceeded the price for similar, readily available goods or services.
B) Physical infirmity or ignorance prevent the consumer from reasonable self-protection.
C) There was no reasonable probability of payment by the consumer of the obligation.
D) Illiteracy prevented the consumer from reasonably protecting his or her interests.
Correct Answer:
Verified
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