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by BearGoesChirp
3338 days ago
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And we end up with almost every single contract including the opt out language. The majority of people don't read contracts, and many of those who do have no access to recourse to do anything other than walking away from the entire field of services. (While in theory the market should fix this by having service offers without those clauses that people who read their contract and walk away from bad ones can use, the total number who are willing to walk away are far too smaller.) For example, look at arbitration in the US. Want a retirement account? Arbitration clause. Bank account? Arbitration clause. Cell phone contract? Arbitration clause. Insurance? Arbitration clause. Online video game account? Arbitration clause. And most people don't realize how one sided these are until they end up on the wrong end of the legal system. |
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Because people are too lazy to walk away from a bad deal or simply don't want to read the contract they're about to sign is a really poor justification.