Financial Business Law Discussion questions madamprofessor

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Please read these articles about Tillman v. Commercial Credit Loans, Inc., 655 S.E.2d 362 (N.C. 2008):

Article 1

Article 2

The full case is available  HERE  and on Westlaw/Campus Research.

Discuss some of these questions with your group members:

What is contractual unconscionability?  Do you agree with the Tillman majority or dissent?  Do you think the trial, appeals or high court's decision could have been affected by the sub-prime loan crisis?  What is your state's or province's view on contractual unconscionability?  Has your high court ever found a contract unconscionable?  If so, on what basis?  Based on what you've read, do you believe that you're a party to a contract that might be unconscionable? 

 

Answer all the questions logically and make it great.

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