Final answer:
An adhesion contract is a type of contract in which one party has significantly more bargaining power than the other party, leaving the latter with little or no opportunity to negotiate the terms and conditions of the contract. This is commonly seen in consumer transactions.
Step-by-step explanation:
An adhesion contract is a type of contract in which one party has significantly more bargaining power than the other party, leaving the latter with little or no opportunity to negotiate the terms and conditions of the contract. This type of contract is commonly seen in consumer transactions where the terms are standardized and non-negotiable. In an adhesion contract, the party with greater power, typically a supplier of an essential good or service, imposes its terms on the other party who is left with no choice but to accept or reject the contract as a whole.