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Monday, April 22, 2019

Voidable Agreements and Unconscionable Contracts Assignment

voidable Agreements and Unconscionable Contracts - Assignment ExampleThe following summary of a case in a coquet of law shows a voidable agreement containing an unconscionable weightlift. The case in subject involves a mild who purchased a used car from an adult at one hundred and forty dollars. He, the vendee, attempted to restoration the car after noticing that the main bearing system had malfunctions. As a result, the buyer informed the vender on the issue, and asserted that repairing the entire bearing system would cost approximately half the purchasing price. Therefore, the peasant left the car with the seller and mailed a written notification expressing his dissatisfaction hence terminating their contract.As a yield action, the adult seller sued the minor buyer for breaching their agreement. After appraising all essential components of the case, the court passed a ruling in favor of the seller on the basis that the contract was not voidable. The premise provided was tha t the buyers aunt and grandmother not only gave him the money for purchase of the car, but also accompanied him to the venue of transaction. In this first ruling, the seller benefited as a result of misinterpretation of the law on voidable contract.The buyer appealed after losing in the first trial. The court of appeal analyzed the provided evidence and determined the case as a voidable contract. The appellate chamber maintained that the transaction surrounding the contract was between a minor and an adult

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