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The People’s Lawyer’s Tip of the DayDon't sign a contract to buy a car unless you are sure it is the car you want to purchase. Contrary to what many people believe, the law does not give you three days to change your mind. Once you sign, you are legally bound. Click here for more. Arbitration Firm Will No Longer Arbirate Credit Card BusinessA major complaint of arbitration is the lack of fairness for consumers, and bias toward businesses. After a settlement with the Minnesota Attorney General, the National Arbitration Forum will no longer accept new consumer arbitrations "of any sort." What does this settlement mean for consumers? Click here for more. Texas Attorney General Settles With Pharmaceutical GiantsTexas Attorney General Greg Abbott has entered in to a settlement with pharmaceutical giants Merck & Co. Inc., Schering-Plough Corp., and MSP Singapore Company, LLC. The State of Texas will receive $300,000 as a share of the settlement stemming from the manufacturers’ delayed release of negative clinical trial results. The settlement imposes new restrictions when promoting Vytorin and Zetia. To find out the restrictions, and more about the settlement, Click here for more. New Plasma & LCD TVs at Affordable PricesThe LCD v. plamsa television debate lives on. Although plasma televisions will be phased out over the new few years, most experts prefer a plasma television to a comparable LCD. Regardless of your preference, consumers have an opportunity to save. New LCD and plasma ratings have been released. Even if you're on a tight budget, you don't have to sacrifice quality for price. Are you in the market for a new television? Always make the proper comparisons before you make a purchase. Click here for more. Your MoneyRetirement planning: Can you retire early? Click here for more. For the LawyersCourt rejects disappointed buyer’s suit over used Mercedes described as “gorgeous.” A New York appellate court has held that an eBay ad's claim that a used Mercedes was "gorgeous" was not enough to sustain claims of fraud and breach of warranty filed by a disgruntled buyer after problems surfaced. Noting it was a used car, the court stated, “Plaintiff could have contacted defendants to inquire about the vehicle or its history (as defendants' advertisement specifically invited prospective purchasers to do), procured a vehicle history report (as recommended on eBay's Web site) or hired a mechanic in Nevada to inspect and/or examine the car before purchasing it." Click here for more. |
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