The reason why cleeshoy is that T&C s is this country are regulated by fair trading legislation and the ACCC. People don't generally read them because they are largely irrelevant especially when you cannot vary the contract . Have you read iTunes agreements yourself? It's a typical example and would take a solid 3 or 4 hours to read.The T&C's (don't have them in front of me right now) stated no refunds after a particular date, so why are people whinging about not getting one? I'm really puzzled by this.
If you signed a contract for the supply of a car and they didn't supply it but kept your money - it wouldn't matter a pinch of shit what was in the contract , the principal action of the contract hasn't been fulfilled so the conditions are void and the money returnable .
Read the contract for your mortgage? Your credit card? No, why would you, you can't change the contract, you sign it because you want the product and trust both the company you are dealing with and the regulators to protect you.
Btw, the only person who sees the T&Cs on sign up is the captain of the team - by the time I saw them, it was too late anyway.