|
|
Court OpinionsState LawsUS CodeUS Constitution |
Unconscionable agreement or term of contract - 68 Pa. Cons. Stat. § 3111Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 3111. Unconscionable agreement or term of contract.
(a) Powers of court.--The court, upon finding as a matter of
law that a contract or contract clause was unconscionable at the
time the contract was made, may:
(1) refuse to enforce the contract;
(2) enforce the remainder of the contract without the
unconscionable clause; or
(3) limit the application of any unconscionable clause
in order to avoid an unconscionable result.
(b) Parties may present evidence.--Whenever it is claimed,
or appears to the court, that a contract or any contract clause
is or may be unconscionable, the parties, in order to aid the
court in making the determination, shall be afforded a
reasonable opportunity to present evidence as to:
(1) The commercial setting of the negotiations.
(2) Whether a party has knowingly taken advantage of the
inability of the other party reasonably to protect his
interests by reason of physical or mental infirmity,
illiteracy or inability to understand the language of the
agreement or similar factors.
(3) The effect and purpose of the contract or clause.
(4) If a sale, any gross disparity at the time of
contracting between the amount charged for the real estate
and the value of the real estate measured by the price at
which similar real estate was readily obtainable in similar
transactions, but a disparity between the contract price and
the value of the real estate measured by the price at which
similar real estate was readily obtainable in similar
transactions does not, of itself, render the contract
unconscionable.
Section: Previous 3104 3105 3106 3107 3108 3109 3110 3111 3112 3113 3201 3202 3203 3204 3205 Next
Last modified: November 27, 2007 |