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Can I offer a money-back guarantee for my product or service in New York? What are the requirements?
Here are the requirements for offering a money-back guarantee for a product or service in New York:
Requirements for offering a money-back guarantee in New York
According to the documents provided, there are no specific requirements for offering a money-back guarantee in New York. However, businesses in New York are required to comply with certain regulations when offering automatic renewal or continuous service offers to consumers [1.1]([1.1]). Additionally, service contracts sold in New York must comply with certain requirements, including providing a receipt or other written evidence of the purchase of the service contract and a copy of the terms and conditions of the service contract to the service contract holder [4.1]([4.1]).
Therefore, while there are no specific requirements for offering a money-back guarantee in New York, businesses should ensure that their guarantee does not violate any consumer protection laws or regulations.
If you have any further questions or concerns, it is recommended that you consult with a legal professional.
Source(s):
- [1.1] Unlawful practices
- [4.1] Requirements for doing business
Jurisdiction
New York