Commentary

208.2 What a price reduction entails

COMMERCIAL CONTRACTS vol 7(2)
| Commentary

208.2 What a price reduction entails

| Commentary

208.2 What a price reduction entails

The right to a price reduction is the right for a consumer to demand that the trader reduces the price by an appropriate amount1.

The right includes the right to receive a refund for anything paid by the consumer over and above the reduced amount2; and the amount of the refund may, where appropriate, be the whole amount of the price paid by the consumer3.

The trader:

  1. 208.2.1

        must pay the refund without due delay, and no later than 14 days after the day that the trader

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