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WordNet-Online
Definitions from WordNet
Noun contract of adhesion has 1 sense
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Definitions from the WebContract of AdhesionDescription:A contract of adhesion is a legally binding agreement whereby one party, typically a business or organization, presents standard terms and conditions to the other party, usually an individual consumer or employee, who can only accept or reject the contract as a whole. This type of contract is drafted by one party with unequal bargaining power, leaving the other party with limited or no negotiation power or ability to modify the terms. Senses:Sense 1:As a legal term, a contract of adhesion refers to an agreement with standardized non-negotiable terms, usually found in contracts for rental agreements, insurance policies, and software licenses. Example:The rental agreement I signed was a contract of adhesion as I was not able to negotiate any of its terms. Sense 2:In popular usage, a contract of adhesion can also refer to any agreement where one party holds significant power, and the other party has limited ability to negotiate or modify the terms. Example:When purchasing a smartphone, the terms and conditions presented by the manufacturer are often considered a contract of adhesion since consumers have little influence over the terms. Related Products: | ||||
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