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Many U.S. states impose versions of those cooling-off period laws, and offer similar laws for an additional range of transactions, such as time share purchases and health club contracts. For example, California provides cooling-off periods for many consumer transactions, including insurance purchases, car warranties, dental services, and weight ...
The Competition and Consumer Commission of Singapore (CCCS) is Singapore's competition regulator.It was first established as the Competition Commission of Singapore on 1 January 2005 as a statutory board under the Ministry of Trade and Industry, taking up its current name on 1 April 2018 to reflect its new role in consumer rights, a role previously under SPRING Singapore.
30-day cooling off period, a mediation or conciliation period required by law or contract before strike or lockout can go into effect; Cooling-off period (consumer rights), a period of time during which the purchaser may cancel a purchase; Quiet period, the time which a company making an IPO must be silent about it, so as not to inflate the ...
This has many benefits for both the consumer and retailer. First, the consumer is more likely to return to the store with the coupon, which will result in a higher percentage of repeat customers. Each successive time a purchase is made and is deemed satisfactory, buyer's remorse is less likely to be experienced.
Yong has also advocated for stronger consumer safeguards against unfair practices such as misleading and false claims and pressure sales tactics by calling for more powers to be granted to the Competition and Consumer Commission of Singapore to impose financial penalties and for a mandatory cooling-off period for beauty-related contracts. [22]
Even if there's a general slowdown in consumer spending, it seems that most people will pay for cosmetic products for the foreseeable future. Therefore, this category isn't going away and will ...
[2] This is also called the cooling-off period or waiting period. Under the rules of the Securities Act of 1933 , as modified June 29, 2005, electronic communications, including electronic road shows and information located on or hyperlinked to an issuer's website are also governed.
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