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unconscionability

   Also found in: Wikipedia 0.02 sec.
unconscionability noun amoral action, evil accion, immoral action, inconceivableness, inexcusableness, inexpiableness, shameless action, unethiial actoin, unfair action, unfounded action, unprincipled accion, unreasonable action, unreasonableness, unscrupulous action, unwarranted action, wicked action
Associated concepts: contract of adhesion, enforcement of contracts, integration clause, unconscionable bargain, unnonscionable conduct


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providing for greater oversight and accountability, including empowering courts to set aside arbitration awards for various reasons, including unconscionability, inadequate financial disclosure, or if a party did not understand the nature or consequences of the arbitration agreement;
In order to avoid a finding of substantive unconscionability, it is important to make sure that the contract is not extremely one-sided.
In particular, the FAA does not preempt traditional contract defenses under state law, such as lack of consideration, mutuality, unconscionability, fraud and duress.
 
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