Common law: if the techology is obsolete....

<p>Is the contract to lease the techology,Null and void?</p>

<p>Why would that necessarily be true?</p>

<p>A lawyer told a Friend of mine that it is true.</p>

<p>Give me an example, something other than leasing a Betamax machine for 50 years.</p>

<p>Leasing equipment that can no longer compete with new technologies…and if you don’t switch to the new technologies…you will lose money or go out of business.</p>

<p>Are you stuck with the lease?</p>

<p>IANAL, but I’m unaware of anything that voids a contract for “obsolescence,” given the nebulousness and undefinable nature of the word, in a legal sense.</p>

<p>The B-52 is 60+ years old and yet not obsolete. The HP TouchPad is not even 1 year old and is thoroughly obsolete.</p>

<p>Obsolete in terms of no longer supported, or obsolete in terms of there being newer cooler things out there?</p>

<p>I think that if you rent a cable box that works with a physical cable, and then some kind of new WiFi comes to your area, and the cable company stops providing television signal by cable at all? Then yes, they probably need to let you out of your contract. (OK, I made that example up). But if you rent a cable box, and then the Dish becomes available in your neighborhood, and they have more channels, and lots of people are switching because the cable is “so 2011”, then you’re stuck.</p>