Question: A standardized form contract for which one party has prepared the contract language and presented it to the other party on a take it or

A standardized form contract for which one party has prepared the contract language and presented it to the other party on a "take it or leave it" basis is called a(n) _____________________________.

A. unreasonable restraint of trade

B. exclusive dealing contract

C. requirements contract

D. contract of adhesion

Many of the rules of law are "default rules" that fill in the gaps in the contract terms that the parties agreed to and can provide the parties with a solution to disputes that later arise between them.

True

False

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