The law (If you could decide which country had juristiction) has almost nothing to do with it, Paypal T&C's that you must accept to join, allow them to do pretty much anything they want. They are absolutely notorious for closing down on a whim, and then not giving you any due process. I had a business selling computer equipment that they froze, and to this day i've had no reason or recourse. Will NEVER use/trust them or eBay (same company) again.