Final answer:
Procedural unconscionability refers to a situation where the terms or conditions of a contract are unfair or unreasonable due to an imbalance in bargaining power between the parties involved.The correct answer is True.
Step-by-step explanation:
Procedural unconscionability refers to a situation where the terms or conditions of a contract are unfair or unreasonable due to an imbalance in bargaining power between the parties involved.
In the context of contract law, procedural unconscionability can occur when one party has significantly more power and influence, and the other party has little to no ability to negotiate or protect their interests.
For example, if a large corporation imposes extremely one-sided terms on a small business owner, such as excessive fees or high cancellation penalties, then it would be considered procedurally unconscionable.