LAWaformalagreementthatbringsdisadvantagesfor one of thepeopleorcompaniesthat havesignedit:One of thecommonproblemsfacingbusinessesis that thebusinesshas at somepointenteredinto anonerouscontractthataddscashflowburdenswithout thecorrespondingbenefits.(Definition ofonerous contractfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofonerous contract
onerous contractThat might introduce some fairness and transparency to the business of selling such an important andonerouscontract.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Anonerouscontractis one in which both parties undergo some privation, and neither intends to confer a gratuity upon the other.FromProject GutenbergIf it is anonerouscontract, it is reflected in the price.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The employer has obligations of justice, not merely as the receiver of a valuable thing through anonerouscontract, but as the distributor of the common heritage of nature.FromProject GutenbergLike any otheronerouscontract, the sale of labour is governed by the requirements of commutative justice; and these are satisfied when labour is sold for its moral equivalent.FromProject GutenbergFirst, a person may be too young to be bound by large or onerous contracts.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The result is that subscribers may find themselves members of a company with onerous contracts and without sufficient funds to carry them out.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Similarly it requires that equality should obtain between the things that are exchanged in onerous contracts.FromProject GutenbergThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/onerous-contract##
