This paper aims to highlight how clauses, which are traditionally considered to be inefficient, may actually be desired by consumers. This anomaly originates from the fact that each individual builds a mental budget by dividing the money available among the needs they intend to satisfy....

“Exaggerated claims of quality and selective discussion of the position attributes of a product or service are common and expected advertising practices.” Given the importance of the multiple mechanisms in the consumer protection Jurisprudence, this essay discusses the legal framework of...

Commentators and lawmakers have called attention to the rising frequency of contractual arbitration as a non-negotiable condition of many relationships. Indeed, it is a rare individual who is not subject to at least one pre-dispute, binding arbitration agreement. This Article studies common...

Access to credit can provide a path out of poverty. Improvidently granted, however, credit also can lead to financial ruin for the borrower. Strangely, the various regulatory approaches to consumer lending do not effectively distinguish between these two effects of the lending process. This...

In this article the author outlines some difficulties facing the cyber-shopper. These include the practical difficulties of enforcement and redress which arise when a cyber-shopper purchases a defective product from an overseas supplier, or when misleading information is placed on the internet...

The paper tackles the issue of social capital as observed in several ethnically bonded groups of agricultural rural communities in the mountainous regions of northern Philippines. In the first part of the paper, the social capital of indigenous farmers and traders are measured. Findings show...