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Examveda

The contracts where one of the parties has almost nil opportunities to bargain over the special terms of the agreement while the other party, usually the big corporate, is in a position to dictate its terms. The terms are prepared by the big corporate while the other party has no choice but either to accept the terms orleave the deal altogether. Such contracts are known as:

A. Adhesion Contracts

B. Standard form of Contracts

C. Voidable Contracts because the giant company may exploit the weakness of the individual

D. Both A and B

Answer: Option D


This Question Belongs to Law >> Indian Contract Act

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