STANDARD FORM CONTRACTS

Question 1

Expand on Standard Form Contracts:

Answer 1

Pre-made contracts written by one party (usually a business), where the other party just signs without negotiating the terms.

You either take it or leave it — there’s usually no room to change the terms

Question 2

3 Rules From Protection From Possible Abuses of Standard Form Contracts:

Answer 2

1. Parker Principle: If the contract has weird, harsh, or unexpected terms, the company must point them out.
2. If a term is unclear or ambiguous, the court will side against the person who wrote it.
3. Reasonable Person, Courts ask: “What would an average person think these words mean, in this situation?