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Ruth orally agreed to sell her car to Mike for 32,000. A few days later, she got an offer of $2,300 from Paul. Thereafter, she
refused to sell her car to Mike. Can Mike hold her to the agreement? Should he be able to?
The Unfair Contract
A furniture store made an unemployed woman on public assistance sign its standard form contract for credit every time she made a purchase at the store. The contract had a term that said the store would own every item the woman purchased until all the items were fully paid for. The woman made several purchases at the store, signing this contract each time.
After several years of making all her payments, she purchased a stereo and missed two payments. The store believed it had the right under the contract to take back all the items the woman had ever purchased there.
A court of appeals found a portion of the contract to be unconscionable and did not enforce this unfair term in the agreement. The woman had to return the stereo but was able to keep all the items she had already paid for.
Match the words on the left with the correct definition
on the right:
Unconscionable | unfair. |
Uneven | defend from trouble, harm. |
Enforce | illegal. |
Protect | a section of a legal document. |
Clause | ensure observance of or obedience to a law, decision. |
Дата публикования: 2014-12-11; Прочитано: 472 | Нарушение авторского права страницы | Мы поможем в написании вашей работы!