New York General Business Code § 396-N

Sales with "money back guarantee" and with "limited guarantee"
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§ 396-n. Sales with "money back guarantee" and with "limited\nguarantee".  1. Definitions. As used in this section:\n  (a) "Seller" shall include any person, firm, partnership or\ncorporation.\n  (b) "Goods" shall mean merchandise that is bought for use primarily\nfor personal, family or household purposes.\n  (c) "Money back guarantee" shall mean a promise made by a seller to a\npurchaser to repay, within the time period specified by the seller and\nupon the return of the merchandise, the full purchase price thereof.\n  (d) "Limited guarantee" shall mean a promise made by a seller to a\npurchaser to repay, within the time period specified by the seller and\nupon the return of the merchandise, a portion of the purchase price, the\ncomputation of which shall be described in the terms of the guarantee.\n  2. Whenever a seller offers or advertises for sale goods with a\nguarantee that promises the return of the purchase price, upon the\nreturn of the merchandise, such guarantee shall be deemed to be a money\nback guarantee unless the term "limited guarantee" is used and the terms\nof limitation of such guarantee are specified.\n

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