Dmitry Agarkov hand wrote a few key amendments to an unsolicited credit card offer and sent it back. The credit card company accepted it without reading it and issued the credit card, accepting, Agarkov argues, the “counter offer” he made. Fraud… or just an example of how any offer-counter-offer process should work? If the case does not settle, the Russian court system will decide, but Tinkoff Credit Systems would probably be smarter to make a reasonable offer to Mr Agarkov and slink off to wash the egg from its corporate face. There are certainly ways a business that offers form contracts can protect itself from unexpected amendments. Here, however, even if the lesson is of the advisability of reading the entire contract before one signs it, the inescapable irony is that banks themselves are seldom likely to accept the “I didn’t read the fine-print and therefore should not be held to the terms of the agreement” excuse when a customer tries to play that card.
Hat Tip to RT Network.