www.Moola.com Beta
01-Mar-2006, 12:27 PM
#51
Registered User
Join Date: Oct 2004
Location: (Toronto)
Posts: 3,744
07-Mar-2006, 10:33 AM
#58
Registered User
Join Date: Dec 2004
Location: Scarbaria
Posts: 11,834
Originally posted by hdave
^ can u pls tell me what they are???
^ can u pls tell me what they are???
Moola Points, Prizes and Payment - We have designed Moola from the outset to be an entertainment experience where anyone could play for large prizes without having to gamble their own money. In order to ensure that Moola is not considered to be gambling, you are not able to risk your own money or valuable property. This is why your Moola account balance has to be legally worthless until you request a payment and until we actually give it to you. If your account legally had value, we risk that some government somewhere could unjustly claim that Moola is gambling even though you never deposited your own money into the game. While we realize that it may sound harsh that we have the legal right to pay you at our sole discretion, it is for yours and our protection. We intend to pay you provided that (i) we are legally permitted to pay you, and that (ii) you do not breach this Agreement or our policies. We are not aware of any reason why we would be legally prevented from paying anyone who we allow to sign up an account. However, that said, the following statement establishes your agreement that your account balance has no value until we receive and fulfill your payment request:
Any reference to "¢", "$", "cash", "dollars" and "pennies" in the site and in this Agreement are to Moola Points which are a non-negotiable point system and are not money, a substitute for money nor a negotiable currency. Moola Points have no value whatsoever and may not be transferred, exchanged, assigned or used outside of the Site. As a point system, Moola Points are only a means of keeping score within the site. Moola may decrease, without compensation, the number of Moola Points in your account at any time in our sole discretion. You have no rights or entitlements to Moola Points under this Agreement and you irrevocably waive all rights that you may have under common law, statute, or otherwise. Moola Points do not represent an entitlement to legal tender, value, or prizes. Moola has no liability to make any payment to you. Moola may choose, in its sole discretion, not to approve a payment for any reason whatsoever including, without limitation, non-payment from our advertisers, suspected fraud with your account, etc. Moola may also approve for payment an amount lower than the amount requested. Moola will notify you when it has accepted the payment and the amount that we have decided to give to you. All payments made to you are in the nature of a gift from Moola to you, and not compensation for your efforts or your time. All awards and payments are made in our sole discretion; we may choose to pay or not pay any party as we determine in our sole discretion. If we do accept your request for payment, you are responsible for and will indemnify us from all taxes, shipping fees, and 3rd party costs resulting from that payment. You acknowledge that this provision shall apply in spite of any contrary or inconsistent course of dealing in respect of Moola Points, money, prizes or payments.
