What characterizes an unconscionable transaction?

An unconscionable transaction is characterized by one party taking advantage of another party’s vulnerability, often leading to a significant imbalance in the benefits received from the agreement. This typically occurs in situations where one party has much less bargaining power or understanding compared to the other, enabling the more powerful party to impose unfair terms.

Such transactions raise ethical and legal concerns, as they involve exploitation and a lack of equity in the agreement. The law recognizes that these types of agreements are not fair or just, which often allows the disadvantaged party to have the option to contest or void the agreement in legal settings.

The other choices present scenarios that don’t capture the essence of unconscionability. Equal benefits would signify a fair and balanced transaction, while the enforceability of contracts doesn't necessarily address the issue of fairness or the exploitation of vulnerabilities. Thus, option B effectively encapsulates the defining characteristic of an unconscionable transaction.