“The law generally assumes that contracting parties assent to a contract’s terms after reading and understanding them. However, the proliferation of standard form contracts in transactions between consumers and businesses has challenged this assumption. Navigating their lives in an increasingly complex world, consumers must often resort to the oral representations of salespeople to gain a basic understanding of the transactions they contemplate. While these oral representations may be persuasive, they are regularly disclaimed or qualified in the fine print of standard form contracts that most consumers sign without reading …” (more)
[Meirav Furth-Matzkin, Yuval Feldman and Samuel Becher, ContractsProf Blog, 17 February]
First posted 2021-02-17 12:51:29
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