Question
Legal Studies Question on Laws of Contract
A party cannot avail the benefit of Doctrine of Fairness to alter the terms of contract because it is presumed that if a commercial contract is taking place under a statute:
A
parties have an equal bargaining power
B
parties voluntarily agreed to the terms
C
parties take absolute liability to fulfil the contract
D
All of the above
Answer
All of the above
Explanation
Solution
The correct answer is option (D):All of the above .