freedom of contract

: a power or right to contract and freely determine the provisions of contracts without arbitrary or unreasonable legal restrictions especially as guaranteed under the contract clause of Article I, Section 10 of the U.S. Constitution

called also freedom to contract, liberty of contract

Dictionary Entries Near freedom of contract

Cite this Entry

“Freedom of contract.” Legal Dictionary, Merriam-Webster, Accessed 17 May. 2024.

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