The author analyses firstly, whether there is an economic justification for legislative measures conferring upon the court a power to invalidate contract terms found to be "unfair", "unconscionable", "inequitable" or "unreasonable". Secondly, the author considers whether it is possible to develop economic criteria for determining whether a given standard-form clause is "unconscionable" or "unreasonable". (Editor’s abstract.)
"Unfair exemption clauses: an economic analysis,"
National Law School Journal: Vol. 2:
1, Article 22.
Available at: https://repository.nls.ac.in/nlsj/vol2/iss1/22