> This would be incredibly hostile to small businesses. Now you need to waste even more money on lawyers and tons of time navigating useless government bureaucracy. Big companies will be able to comply with any regulation thrown their way, but I don't think you can say the same about smaller shops. Your solution is penalizing good actors as well.

This would encourage shorter and simpler contracts, making things easier for both the parties and any involved judge.

> What if both parties are fine with a contract? Why should they be forced to get the government involved? And if both parties decide to re-negotiate a contract, do we need to go through the whole government approval process again?

Because, as the GP mentioned, it is not an agreement between equals.