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The only people who need to consider the fairness of a transaction are the parties involved. With their consent to the contract, and the determination that no f
by 34679 7y ago
The only people who need to consider the fairness of a transaction are the parties involved. With their consent to the contract, and the determination that no force was used, we can objectively consider the transaction to be fair. The inherently subjective nature you describe of extending judgement to the masses will never be as true a reflection of fairness as is the parties' own judgement.
- claudiawerner 7y ago>The only people who need to consider the fairness of a transaction are the parties involved I disagree, and my disagreement is shared by contract and employment law in many places which places restrictions on what can be arranged through a contract. I'm skeptical that the only inputs that "need" considering is the mutual 'consent' of both parties.