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So do we throw out all basic contract law because of this? I'm not being facetious here. I actually think that contract law has significant problem in that it
by SkyBelow 7y ago
So do we throw out all basic contract law because of this?
I'm not being facetious here. I actually think that contract law has significant problem in that it assumes a level of informed consent the average person cannot give when dealing with corporations that have specialized legal teams. It is one thing for two neighbors to enter into a contract since it is a meeting of near equal minds. But the average individual and the entire legal team of some large corporation? I would find a child entering into a contract with an adult to be more likely to have informed consent.
- baddox 7y ago“Basic” is a relative term. Any contract that was entered into by a party who did not understand the contract and could not reasonably be expected to be able to understand the contract should not be enforceable.