Linked by Thom Holwerda on Fri 20th Feb 2009 12:28 UTC
An interesting story is making it rounds across the internet the past few days about someone who made a system to get his cat to agree to the EULAs she was presented with. While that's just a funny joke, it does raise a very interesting point: if person A agrees to an EULA, does its power extend to person B?
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Member since:2006-03-14
"CAR ANALOGY!!
If I sign an agreement to pay for a car, my partner is not obligated to pay on that loan. "
Eh.. if you are married, then yes, your partner is obligated to pay your loan. This is because you are (in terms of property and debt) to be considered one person. Historically a lot of women have got into trouble due to debts their husbands stacked up and wasted on alcohol and gambling. This can (and does) still happen.
If I sign an agreement to pay for a car, my partner is not obligated to pay on that loan. "
Eh.. if you are married, then yes, your partner is obligated to pay your loan. This is because you are (in terms of property and debt) to be considered one person. Historically a lot of women have got into trouble due to debts their husbands stacked up and wasted on alcohol and gambling. This can (and does) still happen.
Which is why I specifically said 'partner' and not 'spouse'. Everyone knows, or should know, that if you are married, you are one legal financial entity for debts as well as assets.
Your children inherit your obligations if they choose to accept your inheritance, although in most countries they have no obligation to do so. However, if they wish to inherit your house, they will also inherit your debts.
Again common sense rules here. If you want to inherit an asset, you obviously inherit the debt. I don't think there is anyone with an ounce of common sense who would think "The parents are dead, all thier debts are magically wiped out, and we get all the property free and clear with no financial obligations".
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Member since:
2006-11-21
"CAR ANALOGY!!
If I sign an agreement to pay for a car, my partner is not obligated to pay on that loan. "
Eh.. if you are married, then yes, your partner is obligated to pay your loan. This is because you are (in terms of property and debt) to be considered one person. Historically a lot of women have got into trouble due to debts their husbands stacked up and wasted on alcohol and gambling. This can (and does) still happen.
Your children inherit your obligations if they choose to accept your inheritance, although in most countries they have no obligation to do so. However, if they wish to inherit your house, they will also inherit your debts.