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Boilerplate

Definition

Widely used, standard clauses or provisions that are often found at the end of a contract or in the contract's fine print. Certain boilerplate provisions in consumer contracts are often unenforceable because they are deemed unconscionable, especially when the term is too one-sided in favor of the merchant. Boilerplate provisions in business contracts can be negotiated and tailored to meet a party's specific contracting requirements.

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