Expiration Dates On Vouchers

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The social-buying category is extremely popular with consumers; companies like Groupon and LivingSocial offer huge discounts – usually 50-90% off – from local businesses. The magic of this category is that the companies buy bulk discounts for the consumer, and you, as the consumer, purchase a voucher, better known as a gift card.

Groupon and LivingSocial have sold thousands of these voucher / gift cards in the past few years. However, many consumers have also been burned when they find they haven’t used their vouchers / gift card before the expiration date. As these vouchers are usually purchased for personal use, they fall under the legal category of gift cards.

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Howard Ankin | Attorney Advertising

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