22:35
damn im so hungry all i had today was a curry tonkatsu and buldak
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
standard-form contract
Read a random definition: New Jersey
A quick definition of standard-form contract:
A standard-form contract is a written agreement between two or more parties that creates obligations that can be enforced by law. It can refer to the physical document itself or the legal relations resulting from the agreement. In simpler terms, it is a promise or set of promises that the law recognizes as a duty, and if broken, there will be consequences.
A more thorough explanation:
A standard-form contract is a type of contract that is pre-written and used repeatedly for similar transactions. It is also known as a boilerplate contract or adhesion contract. The terms of the contract are usually not negotiable and are presented on a take-it-or-leave-it basis.
For example, when you sign up for a new cell phone plan, you are often presented with a standard-form contract that outlines the terms and conditions of the service. You may not be able to negotiate the terms of the contract, but you can choose whether or not to accept the contract and use the service.
Another example is when you purchase software online. The terms of the license agreement are often presented in a standard-form contract that you must agree to before you can download and use the software.
These examples illustrate how standard-form contracts are used in everyday transactions and how they are often presented as non-negotiable agreements. It is important to read and understand the terms of these contracts before agreeing to them.