BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Yes
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No
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Detailed explanation-1: -What is a No Return, No Refund Policy? A No Return, No Refund Policy is simply a policy where customers are informed that they are not allowed to return or get refunds for products they have purchased. Many businesses choose to institute a No Return, No Refund Policy to save themselves time and money.
Detailed explanation-2: -Most retail stores allow you to return things you buy within a reasonable time for a full refund, credit, or an exchange. When a store clearly displays a limited or no-refund policy, however, refunds and exchanges are not required by law.
Detailed explanation-3: -Any person who is not of the age of majority is a minor. In India, 18 years is the age of majority. Below the age of 18 years does not have the capacity to enter into a contract. A contract or agreement with a minor is null from the beginning, and no one can sue them.