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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 10 / 2586 | 
                
    
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an expansion of the common law meaning
? ACCC also argues, in the alternative, that the case was one of unconscionable dealing
Full Court of the Federal Court(Gray, French and Stone J):
? Rejects the argument that s 51AA refers to the dictionary meaning of unconscionability
? The reference is not to be construed at large ? s 51AA refers to the unwritten law (specific common law equitable doctrines)
? The relevant unwritten law is not confined to unconscionable dealing, which is only one of several doctrines involving unconscionability
? There are also other doctrines where unconscionability is relevant like unilateral mistake, forfeiture and penalties, etc
? The underlying idea is that a person may not exercise their strict legal rights unconscionably
? This is not a specific equitable doctrine, just an overarching simple principle
? Therefore, s 51 AA is not limited to unconscionable dealing
? But it is limited to specific equitable doctrines
? That is, the court cannot just apply general principles of equity to resolve the dispute...
        
        
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an expansion of the common law meaning
? ACCC also argues, in the alternative, that the case was one of unconscionable dealing
Full Court of the Federal Court(Gray, French and Stone J):
? Rejects the argument that s 51AA refers to the dictionary meaning of unconscionability
? The reference is not to be construed at large ? s 51AA refers to the unwritten law (specific common law equitable doctrines)
? The relevant unwritten law is not confined to unconscionable dealing, which is only one of several doctrines involving unconscionability
? There are also other doctrines where unconscionability is relevant like unilateral mistake, forfeiture and penalties, etc
? The underlying idea is that a person may not exercise their strict legal rights unconscionably
? This is not a specific equitable doctrine, just an overarching simple principle
? Therefore, s 51 AA is not limited to unconscionable dealing
? But it is limited to specific equitable doctrines
? That is, the court cannot just apply general principles of equity to resolve the dispute...
        
        
            Essay fragment
        
    
                
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