TO: Professor Patrick
FROM: Pleuni C. D. Finley
RE: Jones v. Star, 298 N.Y.S.2d 264 (N.Y. Misc. 1969)
DATE: 9/19/16
Facts
On August 21, 1965, the buyers, being welfare recipients, purchased a freezer unit for $900, plus time credit charges, credit life insurance, credit property insurance, and sales tax, bringing them to a total purchase price of $1234. After buyer paid, $619, leaving a balance of $615, seller informed client they owed an additional $204 for other credit charges. The maximum retail value was determined to be $300.
Issues
Did trial court err when it applied Uniform Commercial Code 2-302 and decide the entire contract was unconscionable?
Did Defendant unreasonably add additional rates to Plaintiff contract?
Holding
The judgement
FROM: Pleuni C. D. Finley
RE: Jones v. Star, 298 N.Y.S.2d 264 (N.Y. Misc. 1969)
DATE: 9/19/16
Facts
On August 21, 1965, the buyers, being welfare recipients, purchased a freezer unit for $900, plus time credit charges, credit life insurance, credit property insurance, and sales tax, bringing them to a total purchase price of $1234. After buyer paid, $619, leaving a balance of $615, seller informed client they owed an additional $204 for other credit charges. The maximum retail value was determined to be $300.
Issues
Did trial court err when it applied Uniform Commercial Code 2-302 and decide the entire contract was unconscionable?
Did Defendant unreasonably add additional rates to Plaintiff contract?
Holding
The judgement