A contract that is pre-prepared and offered to persons on a "sign-it-or-don't" basis is commonly known as a(n)
A)usurious contract.
B)illegal restraint of trade.
C)exculpatory clause.
D)adhesion contract.

Question

Quizplus · Accepted Answer

An adhesion contract is a standardized contract form offered to consumers of goods and services on essentially "take it or leave it" basis without affording the consumer a realistic opportunity to bargain and under such conditions that the consumer cannot obtain the desired product or services except by acquiescing in the form contract.

A Contract That Is Pre-Prepared and Offered to Persons on a "Sign-It-Or-Don't