I feel that there should be two types of contracts in the world
1. Take it or leave it, fine print consumer contracts, which includes most loans. These contracts should very limited in power / heavily regulated.
2. Negotiated contracts, where both parties sign, both parties have the power to negotiate for different terms, both parties have legal representation. These contracts should have very little regulation.
1. Take it or leave it, fine print consumer contracts, which includes most loans. These contracts should very limited in power / heavily regulated.
2. Negotiated contracts, where both parties sign, both parties have the power to negotiate for different terms, both parties have legal representation. These contracts should have very little regulation.