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Shop to Earn Refund

Tracy Coenen, who is researching the business opportunity Shop to Earn, writes:

"This isn't the first reader commenting here about their ability to get a refund from ShopToEarn (aka ShopToEarth).

If you sign up as a member, there is apparently a clause which offers refunds, but members seem to have a hard time actually getting their money back."

Do you have an automatic right to a refund apart from what the contract says?

What are your legal rights when purchasing a business opportunity who is from Florida?

Business Opportunity Sellers, in Florida, are are regulated by the Florida Department of Agriculture and Consumer Services.

You can call their Hotline at 1-800-HELP-FLA (435-7352) for details about the Florida Business Opportunities Act.

Find out if the business has filed with the Department and if there have been any complaints filed against it.

What is a business opportunity, for the purposes of the Florida Law?

The law applies to business opportunities with a purchase price in excess of $500 and that meet one of the following criteria:

• The seller offers assistance in finding locations for the equipment (vending machines, display racks, etc.) or supplies the name of a locator company;

OR

• The seller offers training or marketing on how to be successful for example: a home based computer business;

OR

• Offers to repurchase the equipment or refund all or part of the purchase price paid or a guarantee in writing that the purchaser will derive income that will exceed the purchase price.

The purchase price of $500 and offers of training and marketing may mean that the Florida Sale of or Lease of Business Opportunities may apply.

This law requires certain sellers of business opportunities to file a disclosure document, including a copy of the purchase contract, with the Department of Agriculture and Consumer Services before soliciting in Florida.

Check with the State of Florida, or ask me to do it for you, whether Shop to Earn is properly registered.

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Full post as published by Misleading Advertising Law on September 02, 2008 (boomark / email).