Some consumer laws focus on making sure consumers are provided with detailed information about transactions they are entering into (e.g. detailed information regarding the costs of financing).
A second type of consumer law regulates and limits what sorts of contractual terms consumers and businesses can agree to, prohibiting certain contract terms that are deemed too favorable to business. Examples of this second type of consumer law include laws providing that certain types of products must come with a warranty; laws requiring banks to reimburse customers for charges incurred by identity thieves; and laws limiting the interest rates or other amounts and types of fees to be paid by the consumer.
A third type of consumer law prohibits false or misleading behavior by businesses and provides for relief and penalties for false or misleading conduct above and beyond what would be available under traditional theories of "fraud", "breach of contract", etc. Examples of this third type of consumer law include state and federal laws providing that a debt collector is liable for overstating a consumer's balance, even if the consumer does not pay the overstated amount.
In a 750 – 1,000 word essay discuss whether or not you believe these three types of consumer laws are equally justifiable?
The scholarship will be awarded to one law or graduate student. The deadline to apply for this scholarship is July 30, 2020.
Eligibility and Selection Criteria:
A) Students must be currently enrolled in law school or graduate program within the United States
B) College seniors who will be graduating before the scholarship deadline and are able to provide proof of enrollment in a law school or graduate program at a U.S. accredited college or university are eligible to apply.
To apply for this scholarship, interested candidates should provide the following:
A) A current resume with contact and education information,
B) A current official or unofficial academic transcript from your most recent academic institution. College seniors graduating prior to the scholarship deadline must also submit proof of acceptance or enrollment in a U.S. law school or graduate program at an accredited college or university.
C) An essay of 750-1,000 words addressing the Essay Question.