<P> A standard form contract ( sometimes referred to as a contract of adhesion , a leonine contract , a take - it - or - leave - it contract , or a boilerplate contract ) is a contract between two parties , where the terms and conditions of the contract are set by one of the parties , and the other party has little or no ability to negotiate more favorable terms and is thus placed in a `` take it or leave it '' position . </P>
what does the application of contract of adhesion mean
a contract between two parties , where the terms and conditions of the contract are set by one of the parties , and the other party has little or no ability to negotiate more favorable terms and is thus placed in a `` take it or leave it '' position