Which of the following statements about standardized form contracts is false?
A)Frequently,the terms of standardized contracts are negotiable.
B)They are used both online and offline.
C)They are contracts that are preprinted by one party and presented to the other party for signing.
D)In most situations,the party who drafts and presents the standardized contract is the party who has the most bargaining power in the transaction.

Question

Quizplus · Accepted Answer

Standardized form contracts are contracts that are preprinted by one party and presented to the other party for signing.In most situations,the party who drafts and presents the standardized contract is the party who has the most bargaining power and/or sophistication in the transaction.Frequently,the terms of standardized contracts are nonnegotiable.

Which of the Following Statements About Standardized Form Contracts Is