International Journal of Humanities and Social Science

ISSN 2220-8488 (Print), 2221-0989 (Online) 10.30845/ijhss

Standard Terms in the Banking Service Contracts and Its Practical Problems (According to the Legislation of Georgia)
Tamar Chitoshvili, Doctor of Law, Professor

The basis for the regulation of relations between the subjects in the private legal relationship is mainly the contract. Therefore, the proper regulation of these relations depends on the correct determination of content of the contract, in order for the vague and ambiguous expressions not to take place. Proper drafting and implementation of the content of the contract must equally protect the interests of the parties. In this regard, the contracts with standard terms and the results of fulfilling these terms are the most problematic. When drafting the content of both individual and standard types of contracts, it is necessary to adhere to the principle of good faith to the highest degree within the framework of lawful maintenance of contractual freedom. Based on this, achievement of mutually acceptable legal results and protection of the rights of consumers will be possible. It is necessary to establish the legal mechanism for controlling the content of contracts with standard terms.

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