Which of the following are the examples of ‘standard form of contracts’ under the Contract Act, 1872 ?
Insurance policies, railway tickets and bills of lading are all examples of standard-form contracts. Their terms are generally prepared in advance for repeated use, with the…
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Which of the following are the examples of ‘standard form of contracts’ under the Contract Act, 1872 ?
Answer and explanation
Correct answer D
Insurance policies, railway tickets and bills of lading are all examples of standard-form contracts. Their terms are generally prepared in advance for repeated use, with the customer having limited opportunity to negotiate individual clauses.
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