The rights of sellers and buyers are generally governed by the laws and regulations in a particular jurisdiction. However, there are some basic rights that sellers and buyers can expect to have regardless of the location.
Rights of Sellers:
- Right to payment: Sellers have the right to receive payment for the goods or services they provide.
- Right to refuse service: Sellers have the right to refuse service to customers who do not meet certain criteria, such as those who are abusive or disruptive.
- Right to set prices: Sellers have the right to set their own prices for their goods or services.
- Right to accurate representation: Sellers have the right to accurate representation of their products or services in advertising and marketing materials.
- Right to sue for non-payment: If a buyer fails to pay for goods or services, sellers have the right to take legal action to recover the unpaid amount.
Rights of Buyers:
- Right to receive goods or services: Buyers have the right to receive the goods or services they have paid for in a timely manner.
- Right to refunds or returns: Buyers have the right to request a refund or return for defective or unsatisfactory goods or services.
- Right to information: Buyers have the right to accurate information about the goods or services they are purchasing.
- Right to privacy: Buyers have the right to privacy in their personal and financial information.
- Right to file complaints: Buyers have the right to file complaints with the relevant authorities if they believe they have been treated unfairly or illegally.
It’s worth noting that these rights may vary by jurisdiction, and there may be additional rights and protections afforded to sellers and buyers under local laws and regulations.