unconscionability

unconscionability definition - business

unconscionability

Legal defense against the enforcement of a contract that is so one-sided that a normal person would find it unconscionable. For example, an elderly person signs a contract for repair of a roof at a cost much higher than would be charged by a reputable contractor. Unconscionability results from an unfair bargaining position that may be related to a variety of factors, including a language barrier or mental frailty.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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