If two sophisticated business people enter into a standard form contract, and one of them later wishes to withdraw from it because the terms are one-sided and unfair, a judge will generally ...enforce the contract.add additional terms into the contract to make them fair.allow the aggrieved party to withdraw from the contract.change the terms of the contract to make them fair.
Question
If two sophisticated business people enter into a standard form contract, and one of them later wishes to withdraw from it because the terms are one-sided and unfair, a judge will generally ...enforce the contract.add additional terms into the contract to make them fair.allow the aggrieved party to withdraw from the contract.change the terms of the contract to make them fair.
Solution
If two sophisticated business people enter into a standard form contract, and one of them later wishes to withdraw from it because the terms are one-sided and unfair, a judge will generally enforce the contract. This is because both parties are assumed to have entered into the contract with full knowledge and understanding of its terms. However, there are exceptions to this rule. If the contract is found to be unconscionable, or if there was a significant imbalance in bargaining power between the parties, a judge may decide not to enforce the contract. Additionally, if the contract contains terms that are against public policy, a judge may refuse to enforce those terms.
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