Major changes to contract law will come into effect on 12 Nov 2016. These changes are meant to bring fairness back into contracts often negotiated with parties in a superior bargaining position. Have you entered into a "Take It or Leave It" Contract? A term may be deemed unfair if it: 1. Causes a significant imbalance in the parties' rights and obligations; 2. Is not reasonably necessary to protect the legitimate interests of the other party ; and 3. Causes detriment to