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Ban small print and legal speak in all legally binding contracts

Comment 3rd July 2010

How many of us have been caught out by small print on a contract signed in good faith by both parties? 

1. Small print should be large print is essentail to the permformance of the contract.

2. Legal speak that would require professional interpretation by a legal mind should be banned from all everday consumer contracts such as all types of insurance, credit card agreements, mobile phone contracts, supply of service contracts (e.g. supply of broadband, TV entertainment services) etc.  Clauses should be in everyday English that is easily understood by a lay person.

Why does this matter?

Most consumers, when signing contracts do so in good faith, trusting the integrity of other side.

When things go, the other side, and some of tehm could be well known, big names , publicly owned, take refuge in the small  print that is too fine to  read, particularly by the aging population, and ttoo difficult to comprehend even for a well educated  layman.  Sure there are rogues and fraudsters who will abuse the system.  But since the big names have become are too impersonal to know their customer, the tendency is to tar all customers with the same brush hurting the good one with the bad.

There has to be a medium whereby honest mistake is not punished in the same manner as a fradulent practice. 

  

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