Which of the following is TRUE?

Question

Quizplus · Accepted Answer

A transaction may be considered unconscionable if there is a significant inequality of bargaining power between the parties and the weaker party is forced to accept an unfair or improvident bargain. The presence of an improvident bargain is not a requirement for a transaction to be considered unconscionable, but it can be considered evidence of unfairness. Therefore, option A is the only true statement.  Option B and E are false because they both make absolute statements that are not necessarily true for all situations. Option C is incorrect because the presumption of unconscionability is not a requirement to find a transaction unconscionable; it is simply a legal presumption that can be used to shift the burden of proof in certain cases. Option D is also incorrect because an unconscionable contract would not be enforceable under contract law.

Which of the Following Is TRUE