Multiple Choice
Zena enters into a contract with Steeley Company to purchase a washer and dryer.She doesn't understand the financing terms,but signs the agreement anyway because she needs the appliances.The financing terms are very unfavorable to Zena,and she is unable to make all of her payments when they are due.Steeley sues.The court would:
A) be exercising judicial restraint if it requires Zena to pay as she promised, even if the agreement was unfair and unwise.
B) have to rewrite the contract because that is the only way to be fair to both parties.
C) have to declare the contract void since it contained terms unfavorable to the weaker party to the transaction.
D) use the theory of promissory estoppel to remedy any unfavorable terms in the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: When promissory estoppel is used by the
Q14: A contract is:<br>A) any agreement between two
Q15: Jennifer has offered to sell her computer
Q16: If there was no contract but a
Q17: In the historic case of Hamer v.Sidway,the
Q18: Mary goes into Honest Harry's Electronics and
Q20: When Myrtle comes home from work one
Q22: Walter enters a dentist office and points
Q24: I tell you that if you promise
Q32: Patty is a poor college student struggling