Question

A contract most likely will be declared unconscionable if ________.

1) it is unfair to one party.
2) it contains a cancellation clause.
3) it is oppressive and the weaker party did not fully understand the consequences of the agreement.
4) it is signed by a minor.

Answer 1

A contract may be declared unconscionable if it is unfair, oppressive, and the weaker party did not fully understand the consequences. A cancellation clause or a minor's signature does not automatically make a contract unconscionable.

Step-by-step explanation:

A contract most likely will be declared unconscionable if it is unfair to one party, oppressive, and the weaker party did not fully understand the consequences of the agreement. These factors contribute to a contract being deemed unconscionable because it takes advantage of the weaker party. A cancellation clause or the signature of a minor does not necessarily make a contract unconscionable, although it may affect the enforceability of the contract in some cases.