This article was sourced from the ACCC’s website and is available to read in full here.
Have you been given a standard form contract to sign by another business? Do you give your customers standard form contracts to sign? Find out what a standard form contract is, what terms within a contract could be declared unfair and what happens if a contract contains unfair terms.
As a business, you may be required to enter into standard form contracts with other businesses for goods (e.g. equipment, stock) and services (e.g. internet, banking, utilities). You may also choose to use standard form contracts when dealing with your customers.
There are some important rights and obligations you should be aware of if your business offers, or enters into, these types of contracts. Read more here