Have you gotten the new rules of the “Standard terms”?
The “Standard Terms” (“STs”) refers to the clauses which have been drafted by one party in advance for repetitive use, and would not been or could not be negotiated with the counterparty. STs is very common in telecommunication service contracts, insurance contracts, various online shopping contracts, and etc. Normally, the providers are mightier, in order to maximize their rights and minimize their obligations and responsibilities, the providers usually set such terms stricter or less favorable to the counterparty. Where such terms are too strict, and obviously unfair to the counterparty, the law would interfere relevant contracts. The “Contract Law” prescribes…