Adhesion Contracts Are Those That Are Drafted by One Party

question 27

True/False

Adhesion contracts are those that are drafted by one party and presented to the other without a substantial opportunity for revision.

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Definitions:

Binding Decision

A final and definitive decision or judgement that obligates the parties involved to adhere to its terms.

Dispute

A disagreement, conflict, or argument, especially one that may lead to formal proceedings or require resolution through negotiation or legal means.

Alternative Dispute Resolution

A term referring to various methods of resolving conflicts and disputes without traditional litigation, such as arbitration or mediation.

Mediation

A conflict resolution technique involving a neutral third party who helps disputing parties find a mutually acceptable solution.