UNCONSCIONABILITY
Degree of unreasonableness and unfairness of a contract or deal prompting a court to modify or nullify it.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Degree of unreasonableness and unfairness of a contract or deal prompting a court to modify or nullify it.
Quantity that would be sold with no constraints like delivery or production.
Situation where businesses don’t have enough funds from stock holders for the size of operations.
Situation where a bank will credit amount of a draft or cheque to a depositor’s account before it is cleared.
Situation where overheads applied to work in progress, WIP, is less than overheads actual incurred.
Bidding at a lower price that that of other bidders.
People at the lowest level of society that have becomes victims of a poverty trap.
Offering goods or services at a deliberately set lower price than competition.
Person working in a job that they are over qualified for.
Situation of an unemployment rate that is higher than natural unemployment rate in Keynesian economics.
Damage to property underground such as sewers and pipes by excavation, drilling, backfilling or changing to the ground.
Person without adequate cover for a loss or a damage or who cannot meet a requirement of co-insurance.
Section of an automobile insurance policy covering damage caused by another insured motorist with insufficient money to pay damages.
Automobile insurance cover that pays if a driver found to liable can’t pay all he is liable to pay.
Situation where a plant or machine runs at less than its full capacity in order to accommodate production rate or time for processing.
Deal or contract between party of the account and the beneficiary of a L/C.
Analyst rate of a security that reflects opinion that its will stay behind the market.
Situation where an item’s cost is below the projected cost.
Person’s name appearing at the end of the document, subscriber.
Hotel guest checking out earlier than the scheduled date of departure.
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