Sales Promotions, Contests, and Sweepstakes: Laws and …

Dec 18, 2022 · A coupon gives rise to legal obligations based on its terms and creates obligations that may be enforceable by contract law as well as by criminal penalties. Coupons are also a …

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Coupon Legal Compliance Strategy: How To Ensure Your Coupon …

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Dollar-off coupons: These coupons offer a fixed amount of discount on the regular price of a product or service. For example, a coupon that says "Save $10 on your next purchase". Dollar …

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FAQs about Sales Promotions, Contests, and Sweepstakes: Laws and … Coupon?

What legal issues should you know before launching a sale or coupon?

Here are some legal issues to know before launching a sale or coupon at your venture. Discounts, sales, coupons and other forms of promotional pricing are governed by the Federal Trade Commission (FTC) and regulations at the individual state level. The FTC rules can be found in the Guides Against Deceptive Pricing, commonly known as “The Guides.” ...

Are coupons a legal disclaimer?

Coupon sellers often include legal disclaimers stating that they are selling their time, a service, or even envelopes that just happen to contain coupons instead of the coupons themselves. Such statements are invalid and do not offer any legal protection. ...

Do retailers have to accept coupons?

Retailers are under no legal obligation to accept coupons. This does not mean that a merchant should issue as many coupons as he likes with no intent to honor them. Coupons are advertisements and subject to Minnesota’s False Statement in Advertising Act, as well as all UCC regulations. ...

Are coupons legal in Minnesota?

Coupons are advertisements and subject to Minnesota’s False Statement in Advertising Act, as well as all UCC regulations. A lack of consistency or honesty in advertising your coupons can lead to legal liability if you don’t form a good plan before you start. ...

Should you offer a coupon discount or a sale?

These types of promos can help your business incentivize repeat visits, upsell a low-volume product and otherwise reward customers for their brand loyalty. However, before you host a sale or offer a coupon discount, make sure you’re aware of the legal regulations in place to protect customers. ...

Are couponing and cross-couponing legal?

No federal or state laws prohibit couponing or cross-couponing, but many states have laws for specific industries that limit discounts. For example, to protect their farmers, several states (such as Louisiana and Colorado) have dairy laws that restrict how much dairy products can be discounted. ...