What does the policy no return no exchange?
This “No Return, No Exchange” policy only refers to those goods which, at the time of the sale, had hidden defects or imperfections. Hence, it cannot be availed of where the defect of the goods was due to the mishandling of the buyer, or in cases of “as-is-where-is” transactions, or in sale of second-hand articles.
Is there a no refund policy in the Philippines?
1 Can a store have a “no return, no exchange” policy? Simply put, no, and that’s according to the Consumer Act of the Philippines. You have every right to return defective goods, exchange for another product, or get your money back.
Is it legal to have a no return policy?
The United States does not legally require businesses to have a return and refund policy nor does it prevent them from having a no refund and no return policy. Some states do require that this policy be conspicuous, but that should be the case regardless of where your business is located.
Why is the presence of a no return no exchange noticed considered deceptive?
3. Why is the presence of a “No Return, No Exchange” notice considered deceptive? Such statement is considered deceptive because consumers may return or exchange the goods or avail of other remedies, in case of hidden faults or defects, or any charge the buyer was not aware of the time of purchase.
What was the purpose of Republic Act 7610?
REPUBLIC ACT NO. 7610 – AN ACT PROVIDING FOR STRONGER DETERRENCE AND SPECIAL PROTECTION AGAINST CHILD ABUSE, EXPLOITATION AND DISCRIMINATION, AND FOR OTHER PURPOSES SECTION 1. Title. – This Act shall be known as the “Special Protection of Children Against Abuse, Exploitation and Discrimination Act.“
Is there a no return, no exchange policy in the Philippines?
There is no hard-and-fast rule on the period within which a customer may return the products he purchased. A rule of reason should, however, be observed, taking into consideration the nature of the item purchased and the express/implied warranties mandated by law, i.e. the Consumer Act and the New Civil Code of the Philippines. 10.
What is the legal basis of No Return, no exchange policy?
1. What is the legal basis of the prohibition on “No Return, No Exchange” Policy of business establishments?
Do you have the right to return defective goods in the Philippines?
Pursuant to the Implementing Rules and Regulations of R.A. 7394 or also known as the Consumer Act of the Philippines, consumers have the right to return defective goods or demand remedies in the event that the goods are defective.