Knowledge (XXG)

Fine print

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282:(FTC) regulations state that, for an advertised offer to be lawful, the terms of the offer must be clear and conspicuous, not relegated to fine print. US FTC regulations state that unfair or deceptive acts or practices in or affecting commerce are unlawful. (15 USC § 45 (a)) In relevant part, they state that contingent conditions and obligations of an offer must be set forth clearly and conspicuously at the outset of the offer, and that disclosure of the terms of the offer set forth in a footnote of an advertisement to which reference is made by an asterisk or other symbol placed next to the offer, is not regarded as making disclosure at the outset. (16 CFR 251.1) 227: 509:: The warranties for many products, such as automobiles, are offered or sold with the promise that they will cover a large number of scenarios, should they occur, and often routine maintenance. But they are accompanied by fine print to exclude virtually all repairs that will likely be needed. The coverage for some routine maintenance may also be a lure in which the service center will intentionally damage the vehicle, unknown to its owner, thereby forcing the owner to return for additional costly repairs in the future. 541:: Many products are advertised with a price printed in large numbers. However, a higher price is printed above in much smaller numbers, and the large-print price is only given after a rebate. Initially, the customer must first pay the high price. In order for the rebate to be redeemed, the customer must then follow a set of instructions. In some cases, meeting all the requirements necessary in order to obtain the rebate may be difficult, and as a result, many rebates are denied. 296: 153: 359: 91: 50: 503:
else the vehicle may be further damaged, or the price being for each individual part (such as a wheel), where the vehicle has several of that part all needing the service, and thereby multiplying the cost by that number. Many ads will also state in fine print "most cars," but in reality, most cars, including that of the customer seeking the service, will be excluded.
565:. In such a case, the fine print is displayed at the bottom of the screen in a manner where it is not noticeable to many viewers, or is displayed for such a short time that no one has the time to read the entire paragraph without an artificial means of stopping the commercial, i.e. record it or freeze frame it, such as with a 619:
for its increasing ruthlessness in its practices, which allow the banks seemingly unlimited rights to charge whatever fees they wish, to rewrite the terms and conditions faced by the consumer at will, and to not be challenged by the consumer in their practices. The consumer who initially obtained the
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contract may be bound to the contract for a specified period, subject to a large payment for early termination. Tickets for air travel may exclude taxes, luggage charges, and other unavoidable "extras". Some contracts—and sometimes services payable after a free trial period—automatically renew if not
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is less noticeable print smaller than the more obvious larger print it accompanies that advertises or otherwise describes or partially describes a commercial product or service. The larger print that is used in conjunction with fine print by the merchant often has the effect of deceiving the consumer
414:—it is often designed to be overlooked. The unsuspecting customer, who can instantly see all the attractive aspects of the offer, will, due to natural impulsive behavior, time constraints, and/or personal need, generally not bother to learn the caveats, instead focusing on the positives of the deal. 453:
Very frequently, consumers, eager to obtain a product or service they have the dire need or wish for, or that they have been coerced into obtaining, will sign their names on a binding contract. A court may find the consumer to be liable to the terms of the contract, although stated only by the fine
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products: These come in many forms. Often, companies either load their sales with a lot of fine print, or simply do not abide by their promises (the latter is technically illegal, but many are not worried because the amount they make from ripping people off usually makes up for the amount of fines
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or large signs outside their businesses for common maintenance and repair services, such as oil changes, tune-ups, and tires. These ads fail to mention factors that may raise that price, such as fees and add-ons for various services, mechanics telling customers more costly repairs are necessary or
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Fine print may say the opposite of what the larger print says. For example, if the larger print says "pre-approved" the fine print might say "subject to approval". Especially in pharmaceutical advertisements, fine print may accompany a warning message, but this message is often neutralized by the
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technique in certain market niches, particularly those of high-margin specialty products or services uncompetitive with those in the mainstream market. The practice, for example, can be used to mislead the consumer about an item's price or value, or the nutritional content of a food product.
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Fine print is controversial because of its deceptive nature. Its purpose is to make the consumer believe that the offer is really great. Though the real truth about the offer is technically available to the consumer in the smaller print of the advertisement—thus virtually ensuring
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Online Marketing Scheme: Many online marketers attracted consumers with free trials and asked for their credit card details to manage the shipment of the products. However, FTC found out that they were using hidden charges to take money from the customers without their
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In many cases, the business states in fine print that it reserves the right to modify the terms of the contract at any time with little to no advance notice. This controversial practice is often seen in the banking and insurance industries. It is also widely abused in
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cancelled by a specified time. A holiday may advertise an attractive price in large print, with "per person, double occupancy" in small print. Words such as "from" or "as low as" may be under-emphasised in offers where more than the minimum is usually wanted.
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which requires full disclosure of all (even unfavorable) terms or conditions, but does not specify the manner (size, typeface, coloring, etc.) of disclosure. There is strong evidence that suggests the fine print is not read by the majority of consumers.
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Advertising by conventional banks is relatively highly regulated, requiring disclosures that generally are made, but appear in small print. In some cases, the minimum size of any small print is regulated, such as credit card advertising/application
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and exceptions to the advertisement, it is often stated too fast for the viewer or listener to comprehend. This is often coupled with pleasant background music and positive images, which in turn takes the consumer's focus off the disclaimer.
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For example, see the Macy's ad image in this article, which tends to mislead the consumer to think that a discount will be available and hence to shop at Macy's because of anticipated pricing that will likely turn out to be
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Fine print is often illegible, e.g., when a TV picture is noisy, low-resolution, or the viewer's sight is impaired. Banking offers have been displayed on video billboards by highways that are unreadable by passing drivers.
465:, advertised with a 0% rate in large print, will offer this only for an introductory period of a few months. After that, the rate will switch, for example, to a much higher rate of 19.95%, and may increase even more due to 620:
card was inevitably drawn by the large print, which was accompanied by pages of fine print few are likely to read in full or to understand. During the 1990s, two laws against such practices were overturned by the
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A CBS Outdoors digital billboard, located on the East Bay side of the San Francisco-Oakland Bay Bridge, 59' x 19' with a resolution of 720 x 240 pixels, displayed a banking ad with small print on May 6,
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Many consumer advocates are active in lobbying for laws to limit the rights of an advertiser to use fine print to hide the truth, and to expand rights to consumers who fall victim to fine print. Due to
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A contract may use small print that may pass unnoticed to require a customer or subscriber to pay various fees that are not stated in the headline price. A subscriber to, for example, a
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disclosure requirements. One bank offered non-FDIC-insured CDs yielding 10% in letters almost 3″ high, while the small print 1/16″ high disclosed the lack of insurance.
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to customers at the time of the purchase with no strings attached. These laws have been widely opposed by corporations, and are yet to have passed in any states, except
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Many offers advertised in large print only apply when certain conditions are met. In many cases, these conditions are difficult or nearly impossible to meet.
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are concluded with "fast talking", which is barely audible or comprehensible to most. While it is this very message that states all necessary
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will exclude a good deal of scenarios in which one would normally file a claim. For example, life insurance will not normally cover
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that is granted to advertisers, passing such laws in the United States has proven to be difficult.
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colors, and for brief periods of time, making it difficult or impossible for the viewer to read.
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ruled that these "unilateral modification clauses" were illusory and, thus, unenforceable.
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Several states have considered laws that would require retailers to provide advertised
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into believing the offer is more advantageous than it really is. This may satisfy a
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In some cases, the seller who uses this technique will engage in the practice of
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This article is about text in a small size. Not to be confused with
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in large print, with conditions, such as military membership, or a
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print, and an exit from these terms may be costly or impossible.
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more eye-catching positive images and pleasant background music (
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Some examples of how consumers are deceived are as follows:
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within a specified time after the policy is bought, and
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PBS Frontline - The Secret History of the Credit Card
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Please do not remove this message until 1014:Fine print tricks used by car dealerships 341:Learn how and when to remove this message 214:Learn how and when to remove this message 196:Learn how and when to remove this message 135:Learn how and when to remove this message 384:by adding descriptive text and removing 234:signs often have fine print disclaimers. 172:Relevant discussion may be found on the 688: 498:shops frequently advertise either with 936:: CS1 maint: archived copy as title ( 929: 557:Fine print on TV and other video media 1000:, a collection of ads with fine print 7: 1691:High-yield investment program (HYIP) 696:Sullivan, Bob (September 26, 2006). 1681:Foundation for New Era Philanthropy 484:may be advertised at far below its 270:The use of fine print is a common 25: 976:Sullivan, Missy (February 2012). 785:LII / Legal Information Institute 59:This article has multiple issues. 952:"Roundtable on Insurance Reform" 801:. April 22, 2009. Archived from 357: 294: 151: 89: 48: 1746:Saradha Group financial scandal 677:Privacy policy § Criticism 67:or discuss these issues on the 1: 1100:1992 Indian stock market scam 1375:Strip search phone call scam 1190:Extraterrestrial real estate 893:"NY State Senate Bill S6815" 548:they pay to the government). 1250:Intellectual property scams 1240:Indian coal allocation scam 1049:Scams and confidence tricks 317:, discuss the issue on the 178:conditions to do so are met 115:the claims made and adding 32:Fine print (disambiguation) 1864: 1736:Pyramid schemes in Albania 1696:Investors Overseas Service 1628:Website reputation ratings 978:"Attack of the Fine Print" 763:"16 CFR 251.1 - The guide" 432:Harris v. Blockbuster Inc. 36: 29: 1766:Welsh Thrasher faith scam 1711:Madoff investment scandal 1205:Foreclosure rescue scheme 563:advertising on television 1761:Stanford Financial Group 1566:Russian Business Network 1355:Slavery reparations scam 1009:AOL "health food" claims 851:Federal Trade Commission 531:will not normally cover 492:, listed in small print. 280:Federal Trade Commission 1731:Petters Group Worldwide 700:. MSNBC. Archived from 672:Trojan horse (business) 515:policies: Particularly 386:less pertinent examples 1425:White van speaker scam 1390:Technical support scam 1365:SSA impersonation scam 1320:Redemption/A4V schemes 1245:IRS impersonation scam 1210:Foreign exchange fraud 567:digital video recorder 235: 1225:Get-rich-quick scheme 1215:Fortune telling fraud 529:homeowners' insurance 408:plausible deniability 286:Controversial aspects 232:political endorsement 229: 1701:Kapa investment scam 1521:Internet vigilantism 1511:Email authentication 1486:Cryptocurrency scams 1380:Swampland in Florida 704:on January 13, 2008. 617:credit card industry 323:create a new article 315:improve this article 305:may not represent a 30:For other uses, see 27:Text in a small size 1805:Film and television 1526:Lenny anti-scam bot 1430:Work-at-home scheme 1395:Telemarketing fraud 1255:Kansas City Shuffle 1180:Embarrassing cheque 598:Fighting fine print 382:improve the article 165:of this article is 39:fine press printing 1756:Scott W. Rothstein 1651:Aman Futures Group 1170:Coin rolling scams 1165:Coin-matching game 833:AG filing against 736:AG filing against 622:U.S. Supreme Court 480:An item such as a 252:legal technicality 236: 100:possibly contains 1825: 1824: 1787:Confidence tricks 1506:Domain name scams 1405:Thai zig zag scam 1270:Miracle cars scam 1093:confidence tricks 1091:Notable scams and 895:. 3 October 2015. 853:. March 24, 2017. 715:Greenberg, Andy. 587:radio commercials 577:Verbal fine print 467:universal default 403: 402: 351: 350: 343: 325:, as appropriate. 224: 223: 216: 206: 205: 198: 145: 144: 137: 102:original research 82: 16:(Redirected from 1855: 1656:Bernard Cornfeld 1618:Stock Generation 1546:Referer spoofing 1410:Three-card monte 1400:Thai tailor scam 1360:Spanish Prisoner 1290:Overpayment scam 1230:Green goods scam 1130:Black money scam 1115:Art student scam 1110:Advance-fee scam 1105:2G spectrum case 1043: 1036: 1029: 1020: 987: 963: 962: 956: 948: 942: 941: 935: 927: 925: 924: 918: 912:. 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448:credit rating 445: 441: 436: 434: 433: 428: 424: 418: 415: 413: 409: 397: 394:November 2019 387: 383: 377: 375: 371: 366:This section 364: 355: 354: 345: 342: 334: 331:December 2017 324: 320: 316: 310: 308: 301: 292: 291: 285: 283: 281: 276: 273: 268: 266: 262: 256: 253: 248: 244: 240: 233: 228: 218: 215: 200: 197: 189: 179: 175: 169: 168: 164: 158: 149: 148: 139: 136: 128: 118: 114: 110: 104: 103: 98:This article 96: 87: 86: 81: 79: 72: 71: 66: 65: 60: 55: 46: 45: 40: 33: 19: 1741:Reed Slatkin 1706:Kubus scheme 1586:Jim Browning 1581:419eater.com 1576:Scam baiting 1561:Romance scam 1531:Lottery scam 1476:Clickjacking 1420:Wash trading 1415:Trojan horse 1330:Return fraud 1280:Mock auction 1199: 1175:Drop swindle 1140:Bogus escrow 981: 959:www.fdic.gov 958: 946: 921:. 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Index

Fine Print
Fine print (disambiguation)
fine press printing
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talk page
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original research
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verifying
inline citations
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neutrality
disputed
talk page
conditions to do so are met
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political endorsement
legal technicality
eye candy
camouflagic
advertising
Federal Trade Commission
worldwide view
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talk page
create a new article
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excessive

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