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Full-Text Articles in Law
Shadows Or Forgeries? Explaining Legal Normativity, Alma Diamond
Shadows Or Forgeries? Explaining Legal Normativity, Alma Diamond
Fellow, Adjunct, Lecturer, and Research Scholar Works
Legal norms serve as practical standards for individuals and officials. While this ‘normative aspect’ of law is widely acknowledged, its significance for theories of law remains contested. In this paper, I examine three views on the matter. First, that we should explain legal norms as reason-giving. Second, that we should explain legal discourse as being about reasons for action. Third, that we should explain law as capable of being reason-giving. I survey some challenges associated with each of these views. What they have in common is an implicit assumption about the form that normative explanation must take: that it must …
New Tech, Old Problem: The Rise Of Virtual Rent-To-Own Agreements, Carrie Floyd
New Tech, Old Problem: The Rise Of Virtual Rent-To-Own Agreements, Carrie Floyd
Fellow, Adjunct, Lecturer, and Research Scholar Works
This Article explores how fintech has disrupted the traditional rent-to-own (RTO) industry, giving rise to new, virtual RTO agreements (VirTOs). These VirTOs have enabled the RTO industry to expand into the service industry and to markets for products not traditionally associated with rentals, such as vehicle repairs, pet ownership, and medical devices. This Article analyzes this development.
RTO agreements purport to rent products to a consumer until the conclusion of a set number of renewable rental payments, at which point ownership transfers. The fundamental characteristic of these agreements – and why they are not regulated as loans – are that …