inequality of bargaining power
Definition
Real life situation (recognized and accepted in law) under which parties to a contract may not be equal in their power to dictate terms and conditions. The law, however, does not accept the manifestly unfair use by a stronger party of its advantage in bargaining power, and may intervene by setting aside or modifying the contract to restore equity.
inequality of bargaining power is in the Banking, Commerce & Finance and Negotiating & Conflict Resolution subjects.
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