Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer’s silence or failure to take an affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.
Negative option feature means, in an offer or agreement to sell or provide any good or service, a provision under which the consumer’s silence or failure to take affirmative action to reject a good or service or to cancel the agreement is interpreted by the seller or provider as acceptance or continuing acceptance of the offer.
Negative option feature means, in an offer or agreement to sell
Examples of Negative option feature in a sentence
Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer’s silence or failure to take an affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.
Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer's silence or failure to take an affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.
More Definitions of Negative option feature
Negative option feature means, in an offer or agreement to sell or provide any product or service, a provision under which the consumer’s silence or failure to take an affirmative action to reject products or services or to cancel the agreement is interpreted by the seller or provider as acceptance of the offer. Offers or agreements with negative option features include, but are not limited to: (i) free or introductory price trial offers in which the consumer receives a product or service for free or at a nominal or introductory price for an initial period and will incur an obligation to pay or pay a greater amount for the product or service if he or she does not take affirmative action to cancel, reject, or return the product or service before the end of that period; (ii) continuity plans in which, subsequent to the consumer’s agreement to the plan, the seller or provider automatically ships products to a consumer unless the consumer notifies the seller or provider within a certain time not to ship the products; and (iii) automatic renewal plans in which the seller or provider automatically renews the agreement and charges the consumer unless the consumer cancels before the renewal.
Negative option feature means, in an offer or agreement to sell or provide any
Negative option feature means, in an offer or agreement to sell or provide any product, program, or service, a provision under which the consumer’s silence or failure to make an affirmative action to reject products or services, or to cancel the agreement, is interpreted by the seller or provider as acceptance of the offer.
Negative option feature means, in connection with
Negative option feature means, in an offer or agreement to sell or provide any goods or services, a provision under which the customer's silence or failure to take anAPPENDIX, Page 34Telemarketing Sales Rule (TSR), Page 4 of 21 affirmative action to reject goods or services or to cancel the agreement is interpreted by the seller as acceptance of the offer.
Negative option feature means, inlimited or general partnership, corporation, or other business entity.(x) Preacquired account informationmeans any information that enables a seller or telemarketer to cause a charge to be placed against a customer’s or donor’s account without obtaining the account number directly from the customer or donor during the telemarketing transaction pursuant to which the account will be charged.(y) Prize means anything offered, orpurportedly offered, and given, or purportedly given, to a person by chance. For purposes of this definition, chance exists if a person is guaranteed to receive an item and, at the time of the offer or purported offer, the telemarketer does not identify the specific item that the person will receive.(z) Prize promotion means:
Negative option feature means, in an offer or agreement to sell or provide any product or service, a provision under which the consumer’s