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Flora Hall signed an agreement with Rent-A-Center to make monthly payments of $77.96 for 19 months in exchange for her to have a washer and
Flora Hall signed an agreement with Rent-A-Center to make monthly payments of $77.96 for 19 months in exchange for her to have a washer and dryer in her home. The agreement required her to pay tax and a liability waiver fee. The total amount she would pay under the agreement is $1,643.15. At any time during the 19 months, Flora could return the washer and dryer, or at the end of making 19 months of payments could pay an additional $161.91 and own them. 1. Is this a sales contract? 2. Is this a consumer lease? 3. Must this agreement be in writing
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