• Que.

    what is an unfair contract term

    Answer:-

    An unfair contract term is a provision in a contract that creates a significant imbalance between the rights and obligations of the parties, often to the detriment of one side. Typically, these terms favor the stronger party, leaving the other with little or no bargaining power. In many jurisdictions, including Australia, laws exist to protect individuals and small businesses from such unfair terms in standard form contracts. If a term is deemed unfair by a court, it becomes void and unenforceable, though the rest of the contract may still be valid. Examples include terms that allow one party to change or cancel the contract without reasonable notice or justification.

    Sep 23 2024

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