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LSDefine

Simple English definitions for legal terms

standardized contract

Read a random definition: quoad fiscum

A quick definition of standardized contract:

A standardized contract is a type of contract that follows a set format or template. It is often used in situations where many people need to sign the same type of contract, such as for a job or a rental agreement. The terms and conditions of the contract are already written out and cannot be changed by the parties involved. This type of contract is also known as a standard-form contract.

A more thorough explanation:

A standardized contract is a type of contract that follows a pre-determined format or template. It is also known as a standard-form contract. This type of contract is commonly used in business transactions and is often used by companies to save time and money in drafting contracts.

For example, a cell phone company may use a standardized contract for their customers. The contract will have pre-determined terms and conditions that apply to all customers who sign it. The terms may include the length of the contract, the monthly fee, and the penalties for early termination.

Another example is a rental agreement for an apartment. The landlord may use a standardized contract that outlines the terms and conditions of the lease. The terms may include the rent amount, the length of the lease, and the responsibilities of the tenant.

Standardized contracts are beneficial because they save time and money in drafting contracts. However, they may not always be fair to all parties involved. It is important to read and understand the terms and conditions of a standardized contract before signing it.

standard instruction | standard mortgage clause

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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