What does adhesion contract mean?
Definitions for adhesion contract
ad·he·sion con·tract
This dictionary definitions page includes all the possible meanings, example usage and translations of the word adhesion contract.
Princeton's WordNet
adhesion contract, contract of adhesionnoun
a contract that heavily restricts one party while leaving the other free (as some standard form printed contracts); implies inequality in bargaining power
Wikipedia
adhesion contract
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, a take-it-or-leave-it contract, or a 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 has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it" position. While these types of contracts are not illegal per se, there exists a potential for unconscionability. In addition, in the event of an ambiguity, such ambiguity will be resolved contra proferentem, i.e. against the party drafting the contract language.
ChatGPT
adhesion contract
An adhesion contract, also known as a standard form contract or boilerplate contract, is a contract drafted by one party (usually a business) and signed by another party (usually an individual or smaller business). These contracts are typically non-negotiable and heavily favor the party that drafted the contract. The party signing the contract often has little choice but to agree to the terms, as they usually cannot negotiate and are not in a position to seek alternatives. These types of contracts are common in many industries, including insurance, real estate, and consumer goods.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of adhesion contract in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of adhesion contract in Pythagorean Numerology is: 7
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"adhesion contract." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/adhesion+contract>.
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