Section 67 Unfair or Deceptive Acts and Practices
| Library | Motor Vehicle 2011 |
5Leases are specifically covered under Missouri’s deceptive practices statutes. Section 407.010(6), RSMo 2000. It is important to keep in mind that § 407.020, RSMo Supp. 2010, prohibits not only deceptive practices but also “unfair practices.” Thus, even if there is no deception in the lease transaction, unreasonable default provisions may still violate Chapter 407, RSMo. Federal Trade Commission decisions interpreting the unfair practices provision of the Magnuson-Moss Warranty—Federal Trade Commission...
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