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Making a Purchase: Difference between revisions

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|lessonname= Consumer Law Lesson Module}}{{REVIEWEDPLS | reviewer = [[People's Law School]]|date= March 2017}}{{Consumer Law Essentials TOC}}
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When you make a purchase, you are making a '''contract'''. A contract is a legally enforceable agreement. As parties to the agreement, you and the seller have certain legal rights and obligations.
When you make a purchase, you are making a '''contract'''. A contract is a legally enforceable agreement. As parties to the agreement, you and the seller have certain legal rights and obligations.
==The seller must not mislead you==
==The seller must not mislead you==
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===Should you buy an extended warranty?===
===Should you buy an extended warranty?===
When you make a purchase, the seller may suggest you buy an “extended '''warranty'''”. This is the seller’s promise to cover repairs and maintenance for a given period if there are problems.  
When you make a purchase, the seller may suggest you buy an “extended '''warranty'''”. This is the seller’s promise to cover repairs and <span class="noglossary">maintenance</span> for a given period if there are problems.  
But be aware that an extended warranty may not give you any more rights than you have already through the legal warranty. If you're thinking about an extended warranty, check its terms:
But be aware that an extended warranty may not give you any more rights than you have already through the legal warranty. If you're thinking about an extended warranty, check its terms:
* How long is it good for?
* How long is it good for?
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* for '''cellphone service''': you have a cooling-off period of 15 days after your cellphone service begins  
* for '''cellphone service''': you have a cooling-off period of 15 days after your cellphone service begins  
* to '''lease a car''': you have a one clear day cooling-off period after you sign the lease   
* to '''lease a car''': you have a one clear day cooling-off period after you sign the lease   
* to '''buy a newly-built condo''': you have a cooling-off period of seven days after you sign the contract or acknowledge seeing the developer’s disclosure statement, whichever comes later  
* to '''buy a newly-built condo''': you have a cooling-off period of seven days after you sign the contract or acknowledge seeing the developer’s <span class="noglossary">disclosure</span> statement, whichever comes later  


===Giving notice during the cooling-off period===
===Giving notice during the cooling-off period===
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