K
KBossard
Guest
This is a question we need to answer in my Business Law Class in our groups and I would like to bring forth different views. The case is:
Starting in December 1957, Williams bought serveral items worth more than $1,400 on time from the Walker-Thomas Furniture Co. On April 17, 1962, she bought a stereo on time. Later, she defaulted in her payments, owing $164 on the stereo. Walker-Thomas Furniture Co. tried to repossess everything she had ever purchased from them, pointing to a very complicated clause in their sales contract that said that all itmes purchased were leased until every item had been paid for. Williams' attorney argued that this provision was unconscionable. Was the lawyer correct? What do you think the outcome of the dispute should be?
Please feel free to give your advice on this case scenario. Thanks!
Starting in December 1957, Williams bought serveral items worth more than $1,400 on time from the Walker-Thomas Furniture Co. On April 17, 1962, she bought a stereo on time. Later, she defaulted in her payments, owing $164 on the stereo. Walker-Thomas Furniture Co. tried to repossess everything she had ever purchased from them, pointing to a very complicated clause in their sales contract that said that all itmes purchased were leased until every item had been paid for. Williams' attorney argued that this provision was unconscionable. Was the lawyer correct? What do you think the outcome of the dispute should be?
Please feel free to give your advice on this case scenario. Thanks!