Question: John enters into a valid contract with Daniel to sell his business for $ 1 5 0 , 0 0 0 . The entire agreement
John enters into a valid contract with Daniel to sell his business for $ The entire agreement is written down and the contract is seven pages in length. At the bottom of page three is a clause stating, If Daniel breaks this contract, he will give me his house and everything he owns." Daniel doesn't read the contract and signs it anyway. Daniel later breaks the contract and John sues him for breach of contract. This particular clause in the contact is most likely:
Select one:
a enforceable, because Daniel signed the contract under his own free will.
b enforceable, even though John never informed Daniel about the clause.
c unenforceable, because of procedural unconscionability.
d unenforceable, because of substantive unconscionability.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
