> I think these liquidated damages in consumer contracts are really a terrible idea [...]
I agree.
> and getting more and more common with online companies. Apparently Zipcar will charge a $50 late fee if you are even one minute late, whereas other rental firms charge something like $12 a day and wouldn't even think of counting minutes.
I'd hope customers catch on, and competition takes care of this.
I agree.
> and getting more and more common with online companies. Apparently Zipcar will charge a $50 late fee if you are even one minute late, whereas other rental firms charge something like $12 a day and wouldn't even think of counting minutes.
I'd hope customers catch on, and competition takes care of this.