Provide an example of a Standard Form Contract by submitting a copy of one of your choosing (1 mark).

Explain your understanding of the pros and cons of a Standard Form Contract generally, taking into consideration our current market economy and the realities of business, commercial transactions, etc. Explain how the example of a Standard Form Contract you are submitting fits into that analysis specifically (6 marks).

In your example of a Standard Form Contract, pick out a minimum of two clauses that are clearly favourable to the drafter of the contract and not favourable or less favourable to the consumer and discuss why you think they are more favourable to the drafter and/or less favourable to the consumer (2 marks).

Redraft one of these unfavourable clauses you selected above to something neutral or more favourable to the consumer, reimagining the clause as though the consumer was able to bargain and negotiate better terms, and detail how or why it is now neutral or more favourable to the consumer (1 mark).