← Chapter 16 Test
2 Written Questions
2 Multiple Choice Questions
- contract offered by a dominant party to a party with inferior bargaining power on a take-it-or-leave- it basis.
- equally guilty; used in reference to a transaction as to which relief will not be granted to either party because both are equally guilty of wrongdoing.
2 True/False Questions
good faith → absence of knowledge of any defects or problems.
usury → lending money at an interest rate that is higher than the maximum rate allowed by law.