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Vendors shouldn’t be allowed to call it “buying” if there’s no ownership assigned to the purchaser. Labeling the button “Rent Indefinitely” would be much more h
by reaperman 2y ago
Vendors shouldn’t be allowed to call it “buying” if there’s no ownership assigned to the purchaser. Labeling the button “Rent Indefinitely” would be much more honest.
If first-sale doctrine doesn't apply to the transaction, I don’t understand how it can be called “buying”.
- tracker1 2y agoI don't even think "Rent" is appropriate... I would prefer an actual "Lease" with some definitive terms of "at least N months" with a full refund if less than N months. Which could exceed N, but not less than. At least then it would be more clear with a debt path and holding requirement for the Lessor.
- lotsofpulp 2y agoRenting and leasing are the same thing. Renting is colloquially used for shorter periods of time, and/or more lenient cancelation terms prior to the rental term ending. In the context of everyday consumer purchases, renting is simpler to understand.