What is 'unconscionability' in Delaware contract law?
Why A doctrine allowing courts to refuse to enforce contracts that are oppressively unfair Is Correct
Answer B: A doctrine allowing courts to refuse to enforce contracts that are oppressively unfair
Exam Tip: Contracts
Contract questions frequently test the essential elements required for a valid contract. Remember: competent parties, mutual consent, lawful object, and sufficient consideration. Watch for void vs. voidable distinctions.
People Also Study
Related Delaware Questions
- Which of the following is a required element for a valid real estate contract in Delaware?Contracts
- Which clause in a Delaware purchase contract allows the buyer to withdraw if they cannot obtain financing?Contracts
- Under Delaware contract law, what is necessary for a real estate contract to be enforceable?Contracts
- In a Delaware real estate contract, 'consideration' refers to:Contracts
- In Delaware, what is the 'doctrine of adverse possession' and what is the required period?Property Ownership
- The Delaware Seller Disclosure of Real Property Condition Act requires sellers to:Delaware License Law
- Under Delaware's Seller Disclosure law, the disclosure form must be provided to the buyer:Delaware License Law
- If a Delaware seller fails to provide the required property disclosure, the buyer may:Delaware License Law
Key Terms to Know
A legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →