April 20, 2007
One of the innovations certain US states have made is in the passing of the lemon law.
The concept is simply, that there are certain purchases made where the item itself is a "lemon". That is, not suitable or fit for purpose. The most obvious example is when a new or used car simply doesn't work, or has so many faults that it is forever being repaired.
In fact, one guy, Ackerloff, won the Nobel Prize in economics for pointing out that such markets can't in fact work without intervention. The lemon law is one sort of intervention to correct this market failure.
However, having a law that gives you rights is all very well, but you need experts to enable you to exercise such rights. Which is what the Burdge Law office does. They're in Ohio but they're plugged into a nationwide network of such lawyers as well. Clickj through the link above if you've ended up with a lemon: they will be able to help you.
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