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There are various legal theories relative to the rights and liabilities of software providers who employ "time bombs" or "drop dead" devices as a method of debt collection or contract enforcement. Although there is a paucity of case law on the use of software locks as a means of repossession of goods, some relevant cases are discussed and the authors offer some opinions and suggestions concerning the state of the law in this area. Even where the law may support the use of software locks as a means of repossession in a contract dispute, the authors discuss whether the employment of such devices is just from an ethical perspective.
When parties enter into a contract, ...