| Volume 65 Number 6 |
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The People’s Lawyer’s Tip of the Day
Always use a credit card when shopping online or by mail. Federal law allows you to refuse to pay the credit card bill if the goods are never delivered. Click here for more.
Stock Market: Crazy Ups & Downs
What a crazy week for the stock market. After the United States credit rating was downgraded to AA+ last Friday, markets opened on Monday and immediately took a dive (635 points). Tuesday, the market bounced back by 430 points. Wednesday, the Dow plunged an incredible 520 points. Following the trend, the Dow surged by 423 points on Thursday to close at 11,143. Although the index remains lower for the week, it could have been much worse. Will the market stabilize? Will it get worse from here? Click here for more.
911 (Emergency) Plans to Accept Texts
The Federal Communications Commission announced a plan to begin accepting text messages, videos, pictures, and automatic location data in addition to existing voice services. What does the plan include? What was the catalyst? Click here for more.
Your Money
Planning a move? Compare the cost of living! Click here for more.
For the Lawyers
Plaintiff suing drawer of check is entitled to attorney’s fees. The Texas Supreme Court held that a suit under Article 3 of the UCC is a suit for breach of contract. The court stated, “We must determine whether a suit by a check's holder against its drawer under section 3.414 is a claim on a contract to which section 38.001(8) applies. We conclude that it is.” Click here for more.