What are standard form contracts?

Standard form contracts are written agreements that are created ahead of time and presented to two or more parties to be signed. They are typically one-size-fits-all agreements that don’t allow for much negotiation between the parties. In Mississippi, standard form contracts are widely used in many business and consumer transactions. These contracts are often used for agreements such as cell phone plans, insurance policies, and rental agreements. Standard form contracts may contain a wide variety of provisions that cover the rights and obligations of the parties. Since the contract is written by only one of the parties, it typically favors the interests of that party. For this reason, the Mississippi courts view these types of agreements with extreme scrutiny. If the court finds that one of the parties did not understand the contract when signing it, or that the contract was not fair, it may be invalidated. The terms of a contract may be amended or modified by the parties if they so choose. However, care should be taken to ensure that the modifications do not conflict with existing Mississippi laws. Additionally, parties should always review the contract before signing it, as some standard form contracts contain provisions that are unfair or unreasonable. When making an agreement, it is important to seek the advice of a qualified lawyer to ensure that all of the terms of the contract are legal and enforceable.

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