Unfair Contract Terms Act 1977

The Unfair Contract Terms Act 1977 is a UK law that limits the types of unfair or unreasonable clauses that can be included in contracts, especially those involving consumers and businesses. Its purpose is to protect parties from terms that heavily favor one side or attempt to exclude or limit liability unjustly. The Act ensures that contract terms are fair and transparent, and it prevents companies from using overly restrictive or unfair conditions to their advantage. Overall, it promotes fairness and balances bargaining power in contractual agreements.