Reference no: EM131263596

Business law discussion

Many people believe that contracts are too difficult to understand because they are filled with legal jargon. In 2010, President Obama signed The Plain Writing Act of 2010, which requires the federal government to write all new publications and forms in a clear concise and well organized manner. See Plain Writing Act of 2010. Furthermore, in 1993, the State of Pennsylvania enacted the Plain Language Consumer Contract Act, requiring consumer contracts, such as loan documents and residential leases to be drafted in easy to understand language.

1. First, include a bit of research on the consumer "plain language movement" in your answer. You can use the keyword terms of "plain language movement and the name of your state, such as Pennsylvania." Be sure to cite your sources and to use quotation marks for all words not your own, to avoid plagiarism. Then, give us your "informed opinion" as to whether all states should require "plain writing" for consumer contracts.

2. Have you ever regretted signing a contract without first reading it? What are somesteps that you can take to empower yourself when faced with a contract that you do not understand?