A contract characterized by unequal bargaining power of the parties. a. contract of adhesion b. duress c.
Question:
A contract characterized by unequal bargaining power of the parties.
a. contract of adhesion
b. duress
c. fraud
d. intentional c oncealment
e. misrepresentation
f. mistake g. mutual a greement h. puffi ng i. unconscionable contract j. undue infl uence
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a Contract of Adhesion Explanation A contract of adhesion refers to a contractual agreement where one party has significantly more bargaining power than the other and the terms of the contract are largely dictated by the more powerful party The weaker party often has little or no ability to negotiate or modify the terms and they must accept the terms as presented by the stronger party This type of contract is often seen in standard form contracts such as insurance policies or software licenses where the terms are predetermined and the consumer has limited ability to negotiate changes Note While other concepts such as duress fraud and undue influence involve elements of coercion or deceit a contract ...View the full answer
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