Standard form contracts are pervasive. Many legal academics believe that they are unfair. Some scholars and some courts have argued that sellers with market power or facing little competitive pressure may impose one-sided standard form terms that limit their obligation to consumers. This paper...

The rise of commerce over the Internet and telephone has led to widespread use of "pay now, terms later" or "rolling" standard form contracts, in which buyers are not able to read the standard terms until after they have purchased the product. While some scholars and judges argue that rolling...

Most commercial transactions are governed by standard form contracts. But despite the ubiquity of standard forms, there has been little empirical study of their content and determinants. This paper provides a comprehensive analysis of 647 software license agreements, paying special attention to...