University of Western Australia Law professor Camilla Baasch Andersen has helped businesspeople draft legally binding contracts that take the form of simple comic-strips, arguing that their simplicity not only promotes understanding, but also insulates companies from the risk of courts finding their contracts unenforceable because they were too confusing (an Australian court has forced insurers Suncorp and Allianz to refund AUD60m paid for insurance that was of "little or no value," but which Australians purchased thanks to confusing fine-print that made it hard to assess). (more…)
Sunday, 21 January 2018
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