An unconscionable contract is:
a. a contract so unfair to an innocent party that the courts, in equity, will not enforce it
b. enforced if the contract is for the sale of perishable goods whose demand fluctuates widely c. one involving public servants, such as legislators
d. one involving minors
e. all of the other choices
a
You might also like to view...
The first step in the price-setting process is to
A. define the pricing objectives. B. compare alternatives. C. analyze the competitive price environment. D. evaluate demand. E. determine the costs.
Which of the following statements about agent wholesalers is FALSE?
A. Export and import agents are basically selling agents who specialize in international trade. B. Manufacturers' agents can call on international customers at no cost to the producer until something sells. C. Export and import brokers bring together buyers and sellers from different countries. D. Agent wholesalers are common in international trade. E. Agent wholesalers based in a foreign market can be helpful in working through government red tape because they know the local business customs.
The UCC provides that a merchant is bound to keep a written offer open for a stated period but no longer than:
A) ten days. B) two months. C) three months. D) a reasonable time.
By plotting the efficient frontier, investors can find the unique portfolio that is ideal for all investors
Indicate whether the statement is true or false.