Business Ethics of Rent A Center
Thorn EMI’s Rent-A-Center, has been unfairly described in the Wall Street Journal. This company is within its rights as an American business. The idea that low income families can rent needed household items is a very practical business thought. ... Legally, conceptually, and ethically, Rent-A-Center is within all of its rights as a profitable business. ... ” In a sense Rent-A-Center is deceiving people in to thinking something is cheap because of the low monthly payments, when in reality they will end up paying more than 200% of a products retail value. ... ” According to Aquinas, Rent-A-Center is lawful to sell merchandise for more than it is worth. ... Rent-A-Center is within all legal rights in this aspect of the company. ... The merchandise belongs to Rent-A-Center and the customer has signed a contract saying that they will be responsible for paying every month. The concept of Rent-A-Center is pure genius.