U-Can-Own-It Corporation sells appliances to less educated consumers, inclnding Viv, on installment plans U-Can-Own-It files a suit against Viv when she stops making payments. Viv claims that the deal is unconscionable. The court will most likely consider a. the relation of this deal to those of other customers b. the geographic area of the relevant market c. the parties' relative bargaining power d. the quality of related products in the general market.

Question

Business

Dearey

16 August, 22:42

U-Can-Own-It Corporation sells appliances to less educated consumers, inclnding Viv, on installment plans U-Can-Own-It files a suit against Viv when she stops making payments. Viv claims that the deal is unconscionable. The court will most likely consider a. the relation of this deal to those of other customers b. the geographic area of the relevant market c. the parties' relative bargaining power d. the quality of related products in the general market.

+3

Answers (1)

Know the Answer?

Irvin Compton · Answer 1

The court will most likely consider the parties' relative bargaining power.

Option: C

Explanation:

Bargaining power is the collective ability of groups to put control over one another in a circumstance. If all sides are in a dispute on an equivalent basis, then they would have equal bargaining power, such as in a reasonably free market, or between a monopoly and monopsony fairly balanced.

Purchaser bargaining power relates to the leverage customers may impose on businesses to get them to offer higher quality goods, improved customer satisfaction and lower costs. A powerful purchaser will make a market more profitable and diminish the seller's profit potential.