Match Column A with Column B b) equirable doctrine to prevent unfair surprise an
ID: 1152292 • Letter: M
Question
Match Column A with Column B
b) equirable doctrine to prevent unfair surprise and of trade oppression in contracts
1 Usury a) agreement in violation of statue or public policy 2 Agreement in restraintb) equirable doctrine to prevent unfair surprise and of trade oppression in contracts
3 Convenant not to compete c Must be reasonable in time and geographic scope to be legal 4 Illegal agreement d contract term imposed on adhering party 5 Locus poenitentiae e) clause that disclaims liability 6 Contract of adhesion f) lender receives more interest than allowed by statue 7 unconscionability g) person who repents before performing can rescind and seek restitution 8 Exculpatory clause h) price-fixing or other agreement to limit competition 9 Effect of illegality i) since agreement is legally void, no remedy is available 10 Unlicensed practice of law j) cannot recover fee for services and my violate criminal lawExplanation / Answer
Solution:
No.
COLUMN-A
COLUMN -B
Details
1
Usury
f
lender receives more interest than allowed by statue
2
Agreement in restraint
b
equirable doctrine to prevent unfair surprise and of trade oppression in contracts
3
Convenant not to compete
h
price-fixing or other agreement to limit competition
4
Illegal agreement
a
agreement in violation of statue or public policy
5
Locus poenitentiae
g
person who repents before performing can rescind and seek restitution
6
Contract of adhesion
c
Must be reasonable in time and geographic scope to be legal
7
unconscionability
d
contract term imposed on adhering party
8
Exculpatory clause
e
clause that disclaims liability
9
Effect of illegality
i
since agreement is legally void, no remedy is available
10
Unlicensed practice of law
j
annot recover fee for services and my violate criminal law
?
Working:
?
COLUMN-A
Details
Usury
Practice of lendingamount at unreasonably high interest rates
Agreement in restraint
Equirable doctrine for the prevention of unfair surprise and the trade oppression in contracts
Convenant not to compete
Price-fixing or any more agreement to limit competition
Illegal agreement
Violation of agreement related to public policy or statue
Locus poenitentiae
Individual repenting before performing can rescind and avail restitution
Contract of adhesion
Should be done in reasonable time fram with legal boundaries
unconscionability
Imposing the contract term on adhering party
Exculpatory clause
Provision for relieving one party of liability when damages are caused during the contract execution
Effect of illegality
Because agreement is legally void thus no remedy
Unlicensed practice of law
Not allowed to recover services fee
No.
COLUMN-A
COLUMN -B
Details
1
Usury
f
lender receives more interest than allowed by statue
2
Agreement in restraint
b
equirable doctrine to prevent unfair surprise and of trade oppression in contracts
3
Convenant not to compete
h
price-fixing or other agreement to limit competition
4
Illegal agreement
a
agreement in violation of statue or public policy
5
Locus poenitentiae
g
person who repents before performing can rescind and seek restitution
6
Contract of adhesion
c
Must be reasonable in time and geographic scope to be legal
7
unconscionability
d
contract term imposed on adhering party
8
Exculpatory clause
e
clause that disclaims liability
9
Effect of illegality
i
since agreement is legally void, no remedy is available
10
Unlicensed practice of law
j
annot recover fee for services and my violate criminal law