Asked in Banking, Business Law and Contracts for District of Columbia

Q: Agreeing to a company ToS (like Amazon) gives it the right to own funds and not belong to them

Amazon holds billions of dollars of merchants whose funds have been frozen due to a ToS violation. In fact, it is their unethical way of making interest-free money and using it at will. Any solution

1 Lawyer Answer
Bruce Alexander Minnick
Bruce Alexander Minnick
Answered
  • Business Law Lawyer
  • Tallahassee, FL

A: Wow.

Is your name Jeff Bezos? Or perhaps you work for Amazon in a very high-level operations position?

If not then please tell us (1) where you got this unbelievable information and (2) what your reason is for publishing this unbelievable information publicly here on Justia?

I am NOT criticizing you; all I am saying is that if these unbelievable facts were really true, the entire world would have known about this unbelievable stuff for at least a decade.

Finally--as a courtesy to you--I will warn you to think very carefully whenever casting negative aspersions on very public websites like Justia--where many people will believe what you say without thinking it through and will then begin thinking badly of Amazon--which as one of the world's largest and wealthiest corporations--has an army of experienced lawyers standing at the ready, paid handsomely to crush this injurious kind of defamation--and the people who spread it.

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