Ray and Strip Mines, Inc., enter into a contract for a sale of the coal beneath Ray's land for a fraction of the value of the coal and the cost to restore the land. A court is most likely to determine that this deal is unfair under
A. the concept of unconscionability.
B. the doctrine of promissory estoppel.
C. the principle of freedom of contract.
D. the Statute of Frauds.
Answer: A
You might also like to view...
If an offer of employment is not made after a second or third interview, it is safe to assume an offer will not be made
Indicate whether the statement is true or false.
Increased interconnectedness of people and nations worldwide is a major reason for increased emphasis on international public relations
Indicate whether the statement is true or false
You should never participate in mock interviews while preparing for an interview
Indicate whether the statement is true or false
Countries A, B, and C belong to GATT. Countries X and Y do not. A has a 7% tariff on televisions from B. C, X, and Y also export televisions. Under unconditional most-favored-nation trade of GATT: A) countries C, X, and Y are entitled to a 7% tariff on televisions
B) countries X and Y are entitled to a 7% tariff on televisions. C) country C must petition A under GATT to get a 7% tariff on televisions. D) country C gets an automatic 7% tariff rate on televisions.