Unfair Contract Terms Act 1977 (1977 c 50)

Unfair Contract Terms Act 1977 (1977 c 50)

The 1977 statute serves to regulate and limit the enforceability of unfair terms in contracts, particularly those excluding or limiting liability. It aims to protect consumers and businesses from terms that could be deemed unreasonable or excessively one-sided. The Act sets out specific tests for fairness and reasonableness that such terms must meet, and it predominantly applies to contracts between parties of unequal bargaining power. This legislation has been a cornerstone in ensuring fairness in commercial transactions and consumer protection, underpinning the principles of equity and justice in contractual agreements.

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