More Protection For The Weak Against Standardized Contract Terms

Recent social and economic developments have brought with them the need to provide services to the masses. In order to meet this demand, banks and other service providers, such as insurance and travel companies, have started using standard contracts, imposing abstract and one-sided terms on the other party. Today, these terms are generally referred to as standardized terms of contract (genel işlem şartları). This new form of contract has changed our traditional understanding of agreements that has always been seen as a combination of offer, negotiations and acceptance. As this new form of contract has left no door open for negotiations, it has become necessary to provide legal protection for individuals who have often been obliged to say either "yes" or "no" to the entirety of a standard contract.