You financed a treadmill at a local store. The department store uses a third party creditor for all its financing. The treadmill malfunctioned the first time you tried to use it and no longer works. You refused to make payments until the situation is resolved. Is this legal? Which law(s) apply, if any?

icon
Related questions
Question
You financed a treadmill at a local store. The department store uses a third party creditor for all its financing. The treadmill malfunctioned the first time you tried to use it and no longer works. You refused to make payments until the situation is resolved. Is this legal? Which law(s) apply, if any?
 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Avoiding and Correcting Credit Mistakes
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, business-law and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS