Standard Form Contract

A standard form contract (sometimes referred to as an adhesion or boilerplate contract) is a contract between two parties where the terms and conditions of the contract are set by one of the parties, and the other party is placed in a "take it or leave it" position with little or no ability to negotiate terms more favorable to it.

Examples of standard form contracts are insurance policies (where the insurer decides what it will and will not insure, and the language of the contract) and contracts with government agencies (where certain clauses must be included by law or regulation).

While these types of contracts are not illegal per se, there exists a very real possibility for unconscionability.

Read more about Standard Form Contract:  Theoretical Issues, Common Law Status, Legislation

Other articles related to "standard form contract, standard, contracts":

Standard Form Contract - Legislation - Lithuania
... Standard conditions in Lithuania shall be such provisions which are prepared in advance for general and repeated use by one contracting party without their content being ... Standard conditions prepared by one of the parties shall be binding to the other if the latter was provided with an adequate opportunity of getting acquainted with the said conditions (Article 6 ... Standard conditions of contracts, Lithuanian Civil Code) ...

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