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(1) A party may avoid a contract if, at the time of the conclusion of the contract:
(a) it was dependent on or had a relationship of trust with the other party, was in economic distress or had urgent needs, was improvident, ignorant, inexperienced or lacking in bargaining skill, and
(b) the other party knew or ought to have known of this and, given the circumstances and purpose of the contract, took advantage of the first party's situation in a way which was grossly unfair or took an excessive benefit.
(2) Upon the request of the party entitled to avoidance, a court may if it is appropriate adapt the contract in order to bring it into accordance with what might have been agreed had the requirements of good faith and fair dealing been followed.
(3) A court may similarly adapt the contract upon the request of a party receiving notice of avoidance for excessive benefit or unfair advantage, provided that this party informs the party who gave the notice promptly after receiving it and before that party has acted in reliance on it.
SiSU Book Samples and Markup Examples
Viral Spiral - How the Commoners Built a Digital Republic of Their Own
David Bollier
2009
The Wealth of Networks - How Social Production Transforms Markets and Freedom
Yochai Benkler
2006
Free Culture - How Big Media Uses Technology and the Law to Lock Down Culture and Control Creativity
Lawrence Lessig
2004
CONTENT - Selected Essays on Technology, Creativity, Copyright and the Future of the Future
Cory Doctorow
2008
Eric von Hippel
2005
Free As In Freedom - Richard Stallman's Crusade for Free Software
Sam Williams
2002
Two Bits - The Cultural Significance of Free Software
Christopher Kelty
2008
Free For All - How Linux and the Free Software Movement Undercut the High Tech Titans
Peter Wayner
2002
The Cathedral & the Bazaar - Musings on Linux and Open Source by an Accidental Revolutionary
Erik S. Raymond
1999
Cory Doctorow
2008
Down and Out in the Magic Kingdom
Cory Doctorow
2003
Cory Doctorow
2008
Free Software Foundation - FSF
GPL - GNU General Public License