| TIP: Click on subject to list as thread! | ANSI |
| echo: | |
|---|---|
| to: | |
| from: | |
| date: | |
| subject: | A scenario to consider |
RT> PETER BRADIE wrote in a message to STEVEN HORN: RT> SH> Is deceptive trade practices an area of law created by the states RT> SH> or Congress? I'm not sure that works for business transactions here. RT> PB> The federal Magnusson-Moss Act is the action for breach of RT> PB> warranty. RT> What is that law about, basically? In a nutshell, it says that if someone (could be a business...) warrants that the sold goods have certain characteristics, and those characteristics are the basis of the sale, and the goods are found to not have those characteristics, then the buyer can sue the seller for breach of those warranties and, if the seller knew that those characteristics weren't there when they said they were, then the damages may be tripled. It also allows for consequential damages and recovery of attorney fees. Now that's kind of important, because most breaches of contract do not allow for consequential damages unless the breacher knew that those damages would proximately flow from the breach. Old English case, Hadley v. Baxendale, from 1854 limits consequential damages for breach of contract, and that's still good law in most juridictions. The US follows the old English Common Law rule that each side is responsible for their attorney fees, unless otherwise granted by statute. Magnusson-Moss is one of the statutory exceptions. --- þ MM 1.1 #0381 þ Vote for Cthulhu! Why support the Lesser of Evils?* Origin: Try Our Web Based QWK: DOCSPLACE.ORG (1:123/140) SEEN-BY: 24/903 120/544 123/140 500 400/300 633/104 260 262 267 270 285 SEEN-BY: 634/383 640/954 770/215 774/605 2432/200 @PATH: 123/140 500 774/605 633/260 285 |
|
| SOURCE: echomail via fidonet.ozzmosis.com | |
Email questions or comments to sysop@ipingthereforeiam.com
All parts of this website painstakingly hand-crafted in the U.S.A.!
IPTIA BBS/MUD/Terminal/Game Server List, © 2025 IPTIA Consulting™.