We have the ability to calculate a rough estimate of the time required to read a given text. This means we can create a law that states that for a contract to be valid, each party must be given at least 80% of that time[1] for the contract to be considered valid. Don't want to give the necessary 30-60min? Don't write so long of a contract, or figure out a way to do without. [1] 20% is to remove any margin of error in…
There's no need for such a law.[1] If you haven't read it, or if you don't understand it, don't sign it. Problem solved. If you don't have the confidence to ask for time to consider or seek advice about a contract you've been asked to sign, that is a different problem. [1] In some jurisdictions there is a statutory 'cooling off' period for particular classes of contract (eg five business days for the sale of resident…
We encounter too many of these on a daily basis, on things required simply to participate in modern life, to read/understand the vast majority of them.