3 ms·
when you pre-pay for something it doesn't necessarily exist yet so it can't be yours yet.
by cwmma 3y ago
when you pre-pay for something it doesn't necessarily exist yet so it can't be yours yet.
- amelius 3y agoSo whenever you pay for something in advance, you should demand that the thing or its components are yours and have that written in contract (?) And if such a section in a contract is useful for consumers, why wouldn't such a thing be a standard part of consumer protection law?
- kayodelycaon 3y agoIn general, this doesn't matter. A great deal of laws basically evaporate in bankruptcy because the company can no longer fulfill its obligations. As my grandfather said: "You can't get blood from a turnip."
- singleshot_ 3y agoWell, if you had a first position security interest, properly perfected, you might at least be first in line to try.
- amelius 3y agoBut they might have a warehouse full of bicycle frames, wheels, batteries, etc. If, in an ideal world, these were marked as mine the moment I paid, then they would belong to me, also in case of an bankruptcy.