Does anyone read the fine print

The Satellite AUS. No expectation on 'bank of mum and dad', study says. Is the 'bank of mum and dad' just a myth? The Coffs Coast Advocate. Young people don't expect to rely on the 'bank of mum and dad': study. The Conversation. Citation Type. Has PDF. Publication Type. More Filters. The growth of e-commerce and the increase in online product information—allowing consumers to learn about almost any product with incredible speed—brought with it the great promise of better-informed … Expand.

Competitive market economies work with the basic assumption that the supply side cannot charge more than their cost of supply given that rational and perfectly well-informed customers know their … Expand.

In determining the enforceability of online contracts, namely those formed from the use of smartphone applications, courts typically look to whether the contract terms were reasonably conspicuous or … Expand.

Consumer protection law is vital for ensuring that market-based economies work in the economic interest of consumers as well as businesses, and thus to the benefit of civil society.

This is the case … Expand. View 1 excerpt, cites background. When Is a Contract Not a Contract? With Douez v. Facebook Inc. In this case, four of a … Expand.

Terms of service and human rights: an analysis of online platform contracts. From the late s to early s, the Internet was considered as a tool able to directly connect users to providers, buyers to sellers, the public to authors, thereby eliminating a number of … Expand.

This paper explores the prevalence of unenforceable terms in consumer contracts. Taking the residential rental market in the Greater Boston Area as a test case, the study analyzes a sample of 70 … Expand.

Andrews' story is remarkable on several levels. That's because most people gloss over their contracts , particularly travel policies, where vacationers assume that they generally know the terms and conditions.

They seldom do, which leads to unfortunate, and sometimes tragic, misunderstandings. I know because I run the unofficial complaints department through my consumer advocacy nonprofit organization. I could tell you stories. I will in just a moment. I am one of those nerds who keeps file folders with copies of contracts and warranties.

She happened to be in the right place at the right time. After booking a girls' getaway to London, she immediately started shopping for travel insurance. Repatriation of remains is coverage that flies your remains home if you die on vacation. Squaremouth started the "Pays to Read" contest Feb. Read between the lines: Squaremouth wasn't sure if anyone would read to the end in 12 months.

Take the case of Bonnie Solberg, who didn't review her travel insurance policy. Or consider Nancy Morgan's case. She bought what she thought was a "cancel for any reason" travel insurance policy, a policy that, as the name implies, allows you to cancel a trip for any reason.

But she didn't read the fine print. The informed minority argument is widely invoked to limit intervention in consumer transactions, but there has been little empirical investigation of its validity. We track the Internet browsing behavior of 45, households with respect to 66 online software companies to study the extent to which potential buyers access the standard form contract associated with software purchases, the end user license agreement.

We find that only one or two out of every thousand retail software shoppers chooses to access the license agreement, and those that do spend too little time, on average, to have read more than a small portion of the license text.