Article

contracts

March 2016, Auto Dealer Today - Feature

Here Come the Readability Police

By Nicole Munro

The Texas Plain Language Law will mandate that auto finance contracts be written at an 11th-grade reading level by 2017.

Tags: auto finance, CFPB, contracts, legal training

February 2013, Auto Dealer Today - Feature

Fraud? Maybe Not

By Tom Hudson

The magazine's legal expert takes a look at a recent case involving what his lawyer buddies call "common law fraud," and explains why promises made by salespeople can be a tricky affair.

Tags: Carfax, Carfax Report, contracts, court, Deceptive Practices, fraud, Lawsuit, special finance

November 2012, Auto Dealer Today - WebXclusive

Uncommon Sense

By Thomas B. Hudson, Esq.

Legal expert Thomas Hudson points out the important of a "integration clause" to preclude the buyer from later claiming the dealer orally promised to include in the deal the sun, the moon and the stars.

Tags: Arbitration, BDC, contracts, Deceptive Practices, fraud, integration clause, lawsuits, MVSFA

October 2012, Auto Dealer Today - WebXclusive

Preparing Multiple Contracts?

By Thomas B. Hudson, Esq.

Attorney Tom Hudson discusses why the practice of writing multiple contracts on the same deal is bad news and can cause dealers to run afoul of the federal Truth in Lending Act.

Tags: BDC, compliance, contracts, Disclosures, retail installment contracts, Truth in Lending Act

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