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Concept
Contract Of Adhesion
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Summary
A
Contract Of Adhesion
is a
Standardized agreement
created by
One party
, usually a business, with stronger
Bargaining Power
, and offered to the other party on a
Take-it-or-leave-it basis
, often leaving
No room for negotiation
. These contracts are common in
Consumer Transactions
and can be
Challenged in court
if deemed unconscionable or
Unfairly one-sided
.
Concepts
Standard Form Contract
Unconscionability
Bargaining Power
Consumer Protection
Take-it-or-leave-it Offer
Inequality Of Bargaining Power
Contractual Fairness
Judicial Review
Contractual Terms
Standard Form Contracts
Adhesion Contract
Relevant Degrees
Contract Law 60%
Law of Realty 30%
General Law and Legal Theory 10%
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