Unconscionable bargains and inequality of bargaining power

Quiz Content

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. When may a contract be unconscionable?

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. Did the court in Fry v Lane set out exhaustively the circumstances under which unfair dealing may be made out?

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. Which of the following statements about unconscionable bargains is true?

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. How prepared are the courts to step in and hold that a contract can be set aside whenever there is an inequality of bargaining power between the parties?

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. Why did the Court refuse to endorse a common law doctrine of inequality of bargaining power in National Westminster Bank v Morgan?

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. Which of the following options was not a reason identified by Lord Denning in Lloyds Bank v Bundy, to conclude that Bundy fell within his general principle of inequality of bargaining power?

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. Which of the options given is not a relevant consideration as to whether a relationship is unfair under section 140A of the Consumer Credit Act 1974?

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. Will all unequal creditor-debtor relationships be caught by the 1974 Act?

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