[randallsquared]

Few people read contracts they sign any more. In most of our (U.S., at least) culture, people no longer view a contract as an agreement between party A and party B, but as a paperwork step that has to be signed as a formality. I think most people don't even read their own employment contracts; they just sign however many places it calls for and move on.

With EULAs and click-through "contracts" devaluing the term, the average person probably signs hundreds of contracts a year, and reads none of them.

[madebylaw]

I mostly agree with you, but I think it also depends on the types of contracts we're talking about. I definitely read all 20+ pages of my apartment lease before I signed it, but not a word of the iTunes EULA when upgrading it.