Which of the following is correct of a standard form contract?
A standard form contract is offered on a take-it-or-leave-it basis by a party with stronger bargaining power, yet it remains enforceable. Hence "Both; It is valid contract…
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Which of the following is correct of a standard form contract?
Answer and explanation
Correct answer C
A standard form contract is offered on a take-it-or-leave-it basis by a party with stronger bargaining power, yet it remains enforceable. Hence "Both; It is valid contract and the party has no choice but to accept and sign the contract" is correct, and the mere lack of negotiation does not mean "The consent is not a free consent".
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