Legal Definition and Related Resources of Unconscionable bargain
Meaning of Unconscionable bargain
A contract which no man in his senses, not under delusion, would make, on the one hand, and which no fair and honest man would accept, on the other. 4 Bouv. Inst, note 8848.
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This definition of Unconscionable Bargain is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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English Legal System: Unconscionable Bargain
In the context of the English law, A Dictionary of Law provides the following legal concept of Unconscionable Bargain : (catching bargain, unconscionable bargain)
A contract on very unfair terms. An example is the sale of a future interest in property at a gross undervalue, made by someone with expectations to succeed to the property who is in immediate need of money. Such a contract may be set aside or modified by a court of equitable jurisdiction.
Unconscionable Bargain
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