Which of the following is true regarding unconscionability under the Code?

A) It is defined in Article 2 as "monstrously extortionately harsh, showing no regard for conscience."
B) The Code denies or limits enforcement of an unconscionable contract for the sale of goods.
C) Unconscionability may be substantive, but it cannot be procedural.
D) The Code allows for the cancellation of an unconscionable contracts, but not for payment of attorney's fees.


B

Business

You might also like to view...

Define internal marketing and its role in the company. Outline how various departments within the company can demonstrate a customer focus

What will be an ideal response?

Business

Marketing managers use a market penetration strategy to target:

A) individuals who have never used the product or service. B) offshore customers who have a need for the product or service. C) individuals who are buying your product or service or a direct competitor's. D) individuals who buy closely-related products or services.

Business

Describe the steps used for the accounting record-keeping process

Business

Identify the balance sheet classification of each of the following assets by placing an X in the correct classification: Plant Assets, Natural Resources, or Intangibles. ?Plant assetsNatural ResourcesIntangible Assetsa.Trademark???b.Oil field???c.Gold mine???d.Building???e.Franchise???f.Timberland???g.Patent???h.Land???i.Copyright???j.Leasehold???

What will be an ideal response?

Business