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Which of the following is true regarding the application of the concept of unconscionability?

It may be the basis for rescinding a contract.

It may not be the basis for rescinding a contract.

It may be the basis for rescinding a contract only if a service is involved.

It may be the basis for rescinding a contract only if a sale of goods in an amount over $500 is involved.

 

It may be the basis for rescinding a contract only if a sale of goods in an amount over $1,000 is involved.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91958084

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