Understanding how agreements for the sale of goods and services are made can help you come to a fair agreement with the seller. It is also important to understand if and when an agreement can be changed or cancelled.
It is important to understand when you have made a legally binding contract for goods or services. It is also important to know that the law protects consumers against certain unfair practices that a business may use to entice you into buying goods or services.
There are things to know and to look for before you sign on the dotted line. Usually you are bound by the terms of a contract even if you do not read it or do not understand it before you sign it.
There are laws about when you can return goods or cancel a contract for services. These laws also determine if you will get some or all of your money back.