unconscionability
Definition
That degree of unfairness or unreasonableness of a deal or contract which prompts a court to nullify or modify it. It occurs specially where the terms of the contract put one party at the mercy of the other by concentrating all or most of negotiating power in one party without giving a meaningful advantage to the other party.
Mentioned in these terms
Popular 'Corporate, Commercial, & General Law' Terms
unconscionability in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/unconscionability.html
