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form contract

Defined in 1 dictionary — U.S. Code

United States Code

15 U.S.C. § 45b — in this section

Except as provided in subparagraph (B), the term "form contract" means a contract with standardized terms—

(i) used by a person in the course of selling or leasing the person's goods or services; and

(ii) imposed on an individual without a meaningful opportunity for such individual to negotiate the standardized terms.