Underneath All Are the Contracts
Ralph Nader explains the problem with standard form contracts and introduces faircontracts.org.
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Mercedes Benz Financial – “The First Class Lease”
Contract:Mercedes Benz Financial The First Class Lease.pdf
Lexus Financial Closed End Motor Vehicle Lease Agreement
Contract:Lexus Financial Closed End Motor Vehicle Lease Agmt.pdf
Will the Supreme Court Let Corporations Ban Consumer Class Actions in the Fine Print of Contracts Compelling Arbitration?
11.9.10 Will the Supreme Court Let Corporations Ban Consumer Class Actions in the Fine Print of Contracts Compelling Arbitration? Today the Supreme Court heard an extremely important contracts case to decide whether waivers of class actions within arbitration provisions in company contracts are enforceable. The case involves two consumers, Vincent and Liza Concepcion, who bought…
Fighting back against forced arbitration in securities agreements.
In this piece, finance writer John Wasik, explains how "wronged investors may still be stuck in a troubled system run by the brokerage industry" but how one investor — Hollywood’s Larry “JR Ewing” Hagman — fought back, and won. As Wasik explains: "When you sign any standard brokerage agreement, you are locked into their mandatory…
Iowa Consumer Law
In Iowa, the mini-FTC act is Iowa Code § 714.16. Under this legislation, the State Attorney General has a cause of action against a person who engages in a variety of unfair practices, deception, fraud, false pretense, false promise, or misrepresentation, or the concealment, suppression, or omission of a material fact with intent that others…
Indiana Consumer Law
In Indiana, the mini-FTC act is Ind. Code. § 24-5-0.5-1 to 12. Under this legislation, a plaintiff has a cause of action if they have relied upon an uncured or incurable deceptive act and have actually suffered damages. The plaintiff may be awarded damages or $500; whichever is greater. This amount may be increased for…
Illinois Consumer Law
In Illinois, the mini-FTC act is 815 Ill. Comp Stat. 505/1–12. Under this legislation, a person has violated the statute is they have engaged in unfair methods of competition and unfair or deceptive acts or practices, including but not limited to the use or employment of any deception fraud, false pretense, false promise, misrepresentation or…
Idaho Consumer Law
In Idaho, the mini-FTC act is Idaho Code Ann. § 48-601 to 619. Under this legislation, the State Attorney General has a cause of action if a person engages in a variety of unfair or deceptive acts or practices in the conduct of any trade or business. The Attorney General can obtain injunctive relief, recover…
Hawaii Consumer Law
In Hawaii, the mini-FTC act is Haw. Rev. Stat. § 481-1 to 5. Under this legislation, a plaintiff has a cause of action if a person engaged in a deceptive trade practice related to their business, vocation or occupation. Injunctive relief is available without proof of monetary damages required, as well as other statutory or…