fairness in contract law

Fairness in contract law refers to the idea that agreements should be just and equitable for all parties involved. It involves ensuring that the terms of a contract are reasonable and that no party is unfairly taken advantage of. This includes considerations like informed consent, the absence of coercion, and the balance of benefits and obligations. Courts often assess fairness by looking at the circumstances under which a contract was made, aiming to protect weaker parties from exploitation and to uphold the integrity of agreements in the legal system.