Joe lived in a impoverished area of town. Because he did not have a car, his choice of appliance dealerships was limited. He went to the one closest to where he lives, "We Sell'um." There he signed a contract to purchase a $300 refrigerator for 24 monthly installments of $50 each, for a total of $1200. Because Joe cannot read, he signed the contract without realizing what the total payments would be. After making 15 of the payments, Joe stopped his payments and the dealer sued him for the remainder. A court would be likely to say that

Joe lived in a impoverished area of town. Because he did not have a car, his choice of appliance dealerships was limited. He went to the one closest to where he lives, "We Sell'um." There he signed a contract to purchase a $300 refrigerator for 24 monthly installments of $50 each, for a total of $1200. Because Joe cannot read, he signed the contract without realizing what the total payments would be. After making 15 of the payments, Joe stopped his payments and the dealer sued him for the remainder. A court would be likely to say that

Joe lived in a impoverished area of town. Because he did not have a car, his choice of appliance dealerships was limited. He went to the one closest to where he lives, "We Sell'um." There he signed a contract to purchase a $300 refrigerator for 24 monthly installments of $50 each, for a total of $1200. Because Joe cannot read, he signed the contract without realizing what the total payments would be. After making 15 of the payments, Joe stopped his payments and the dealer sued him for the remainder. A court would be likely to say that


Answer: This is an example of an unconscionable contract and refuse to enforce the rest of the payments.


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