What do the phrases “business opportunity”and “virtual terminal” mean?
A “business opportunity” is a purported profit-making venture, seminar, or promotion (such as a multilevel marketing program, pyramid scheme, buyers’ club, coupon-clipping program, or investment opportunity) that seeks to induce customer-lessees to make money through business or investment. A “virtual terminal” is any intangible product, software, license, or right to access or use services, that enables customer-lessees to process credit-card transactions or account-debits on-line through the Internet. Q #6: What if Leasecomm filed a collection suit against me in a Massachusetts court and that matter is currently pending, that is, no judgment has entered? If Leasecomm has filed a lawsuit against you personally, or against you as an individual guarantor of a corporation, and that case is pending in a Massachusetts court, Leasecomm must provide you with the opportunity to have the dispute heard in the state and county where you live, or in the county where you originally signed the leas
