{"iri":"https://folio.openlegalstandard.org/R9g0tsF68ZfL1dvdj4jdg1t","label":"Contractual Standardization","sub_class_of":["https://folio.openlegalstandard.org/R70jMZb6xYrVCXW6f3EbO1e"],"parent_class_of":["https://folio.openlegalstandard.org/R7Nem8wZFI0MFQYNxH1VhwT","https://folio.openlegalstandard.org/RmVAavVyS3LgkctWWvZzgm"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Contractual Standardization refers to the extent to which the terms of a contract are standardized or custom-tailored. Standardized contracts have predefined terms and conditions that are universally applied, facilitating easier trading and regulatory compliance, while non-standardized contracts are customized to meet specific needs of the contracting parties.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}