Form Contract
/ˈfɔːrm ˈkɑːntrækt/
Definitions
- (n.) A standardized contract where terms are set by one party and not subject to negotiation by the other party.
Most consumer purchases involve a form contract drafted by the seller.
- (n.) A contract whose provisions are pre-prepared and presented on a take-it-or-leave-it basis to the adhering party.
Courts often scrutinize form contracts for unconscionable terms due to their one-sided nature.
Forms
- form contract
- form contracts
Related terms
See also
Commentary
Form contracts are widely used in consumer and commercial transactions; drafters should be mindful of fairness and enforceability issues arising from lack of negotiation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.