Imperfectly formed
Series: Building ; 270(8373) 18 March 2005, 53(1)Publication details: 2005Subject(s): Summary: Discusses a recent Law Commission report which proposes changes to the law on unfair contract terms in favour of small businesses. It will give them greater rights to challenge unfair terms, where such terms are the only way to secure work. Proposes unifying law now covered by the Unfair Contract Terms Act 1977 and Unfair Terms in Consumer Contracts Regulations 1999, with a new category of small businesses. Particular problems which have previously arisen include indemnities, dispute resolution and termination clauses. Suggests the new law may work against the professional team of a small firm in favour of a developer. However, the proposed new bill may never become law, which may be preferable as increased regulation may mean people choose to deal with larger firms at the expense of small concerns.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68788 (Browse shelf(Opens below)) | 1 | Available | 129180-1001 |
Discusses a recent Law Commission report which proposes changes to the law on unfair contract terms in favour of small businesses. It will give them greater rights to challenge unfair terms, where such terms are the only way to secure work. Proposes unifying law now covered by the Unfair Contract Terms Act 1977 and Unfair Terms in Consumer Contracts Regulations 1999, with a new category of small businesses. Particular problems which have previously arisen include indemnities, dispute resolution and termination clauses. Suggests the new law may work against the professional team of a small firm in favour of a developer. However, the proposed new bill may never become law, which may be preferable as increased regulation may mean people choose to deal with larger firms at the expense of small concerns.