Where goods and services are gifted to a consumer by a third party (e.g., a gift from a friend), rather than the vendor, the right of cancellation shall be determined according to the nature of the product. The applicable timeframe and procedures for cancellation will be derived from the product’s classification.
Refund Procedures:
* The consumer shall present a receipt or other verifiable proof of purchase, including the date of purchase, the amount paid, and the method of payment.
* If the gift was paid for in cash, the refund shall be issued in cash or by cashier’s check.
* If the gift was paid for by check, the refund shall be issued in cash or by cashier’s check within five days of the check’s clearance.
* If the gift was paid for by credit card, the refund shall be issued in cash only, provided that the account of the purchaser has been debited.