| I'm getting ready to move overseas. I've got this account still in Hawaii and I wanted to check the balance before writing a check. So I try to go online, and they have redone their system and want me to read a long agreement. I didn't have time for it.I read a long agreement from a bank in which I had to give them a limited power of attorney in the bank to bank transfer section, but it didn't specify the limitations of the power of attorney like other banks did. I just wrote a letter rescinding my power of attorney. The bank called me and said their legal department said I could close my contract, and they weren't accepting my letter and sent it back. I'd I'd read I can rescind power of attorney verbally before witnesses, which I did when I turned the paper in. I got it back in their envelope which is evidence they read it. This contract was over 60 pages.I actually generally read contracts like this or at least skim them. They could put a clause in there that you sell your soul to the Devil for all you know. They could take your first born child, your inheritence, or whatever. Lots of people just click 'yes' to a EULA and many sign contracts without reading them. So I think we need a law that no software EULA can be longer than 1 page typed 8 x11 page of 12 point Times New Roman text. And a bank or loan contract online can be no more than 5 pages.Apart from passing a law, maybe us citizens could band together and just refuse to do business with companies that offer long EULAs. They want to guarantee that they get all the legal rights and we get none. But I just don't want to read all their pages of legal junk. Who agrees with them? |