Wednesday, June 19, 2019

Unconscionable contract Essay Example | Topics and Well Written Essays - 250 words - 1

Unconscionable beget - Essay ExampleThe rationale behind the doctrine of unconscionability is to circumvent the enforcement of unfair contracts.In the case at bar, Amy, who was a college student, was led to believe by the salesman that the home theater system, Alpo Model XL2, costs $3,000, when in truth and in fact, the actual amount cost of the theater system is only $1,000. The expense given by the salesman was two times higher than the prevailing standard cash market price of the item bought by the buyer. Hence, the rent-to-own contract signed by Amy is considered unconscionable. Under the law, Amy has the remedy to demand the return of the excess $2,000 since the contract price is unconscionable, excessive and unfair on her part. Here, the salesman acted in bad faith at the time of the signing of the rent-to-own contract.Therefore, in order to cure the damage caused to the buyer, Amy can go to court and have the contract declared as unconscionable and oppressive, since there w as a violation on the part of the salesman to fulfill his obligation in good faith in conformance with their contract. She can legally demand the refund of excess payment of $2,000. It is the judge who has the power to declare whether or not a contract is unconscionable, and not the jury (Emanuel,

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