Thursday, September 20, 2012

HBL-A0029 - Lifetime Contracts

(formerly HBL 664) it resolved that:

it is illegal to sell or give or trade a “lifetime” subscription without having made reasonable and sustainable efforts to support such possibility through not an average lifespan but the longest known lifespan plus 10%.

the scope of this rule includes every possible, rather than the most likely, fulfillment. You must be able to fulfill every single contract, even though it is not possible that such a situation actually occur.