Application of Adhesion Contract
Adhesion contracts pop up in different parts of our lives where one side calls the shots.
1. Consumer Transactions: When you buy stuff or sign up for services, you often have to agree to a bunch of terms and conditions. These are adhesion contracts. Companies make all the rules, and you either agree to them or you don’t get to use their stuff. It’s a bit one-sided, but that’s how lots of businesses work these days.
2. Financial Services: Banks and credit card companies love adhesion contracts. When you open an account or get a credit card, they hand you a big list of rules. You don’t get to change anything; you just have to accept it if you want their services. These contracts cover stuff like fees, interest rates, and what happens if you don’t pay your bills on time. It’s all set by the company, and you don’t have much say.
3. Insurance Policies: Insurance contracts are classic adhesion contracts. Whether it’s health insurance, car insurance, or home insurance, the terms are set by the insurance company. You might have some options, but the basic terms are non-negotiable. If you want insurance, you have to play by their rules.
4. Employment Agreements: When you start a new job, you usually have to sign a contract. These can also be adhesion contracts, especially if you’re in a lower-level position or working for a big company. Your pay, benefits, and job duties are usually decided by the company. You might get to negotiate a bit, but mostly you have to take it or leave it.
5. Real Estate Transactions: Buying or renting a home often involves signing a bunch of paperwork. Some of those documents might be adhesion contracts. For example, if you’re renting an apartment, your lease probably lays out all the rules. You might not have much say in the terms, especially if you’re renting from a big company.
Contact Us