Can a company refuse to cancel your order?
Can a company refuse to cancel your order? If you do not want a new shipment date or do not respond to this last notice, the seller must cancel your order and refund your entire purchase price within 7 days by check or money order, or within one billing cycle if your used a credit card to make the purchase.
What is an unfair cancellation fee?
Any term that imposes disproportionately high or excessive charges for contract breach or cancellation is likely to be considered unfair. However, a customer may also be liable for the financial loss a business incurs due to the breach, but the amount must be reasonable in relation to the actual loss.
What is the rule of cancellation?
Cooling-off Rule is a rule that allows you to cancel a contract within a few days (usually three days) after signing it. As explained by the Federal Trade Commission (FTC), the federal cooling-off rules gives the consumer three days to cancel certain sales for a full refund.