Negative Option definition

Negative Option means a category of commercial transactions in which a seller markets an offer for a trial period and the seller then interprets a customer’s failure to take an affirmative action, either to reject an offer or
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Negative Option is a marketing plan that means “we will keep sending you our product until you tell us to
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Negative Option means, in an offer or agreement to sell or provide
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Examples of Negative Option in a sentence

  • For all written offers (including over the Internet or other web-based applications or services), obtain consent through a check box, signature, or other substantially similar method, which the consumer must affirmatively select or sign to accept the Negative Option Feature, and no other portion of the offer.

  • E.g., Negative Option Rule, 16 CFR 425.1(a)(ii) (minimum purchase obligations); Door-to-Door Sales Rule, 16 CFR 429.1 (obligations regarding cancellations).467 The UFOC Guidelines clearly contemplate that franchisors should reference other ancillary agreements, where appropriate.

  • Negative option membership plans operated in compliance with the Federal Trade Commission Rule on Use of Negative Option Plans by Sellers in Commerce (16 C.F.R. Section 425) are exempt from CPR 82.07.

  • The Commission will continue to closely monitor compliance with the rules and laws applicable to negative option marketing, and is still considering various options in the rule review proceeding for the Negative Option Rule.

  • Principles For Negative Option Marketing Given the number of applicable statutory and regulatory requirements and the ongoing problems in the marketplace, the Commission now issues the following enforcement guidance based on its enforcement history.34 This guidance covers three areas commonly addressed by the Commission in its negative option cases: disclosures, consent, and cancellation.

  • If employees do not start their activities at one locale, the employer must maintain one copy of the program at a central location at the workplace and accessible to employees.

  • Negative option membership plans operated in compliance with the Federal Trade Commission Rule on Use of Negative Option Plans by Sellers in Commerce (16 C.F.R. Section 425) are exempt from the provisions of CPR 75.

  • E.g., 900 Number Rule, 16 CFR 308 at 308.7 (obligations concerning billingdisputes); Negative Option Rule, 16 CFR 425 at 425.1(a)(1)(ii) (minimum purchase obligations); Door-to-Door Sales Rule, 16 CFR 429 at 429.1(e) (obligations regarding cancellations); Warranty Disclosures, 16 CFR 701 at 701.3(a)(5) (obligations to obtain performance).franchisees an easy-to-understandroadmap to their franchise agreement and disclosure document, withoutimposing great compliance costs orburdens on franchisors.

  • Referral sale does not include promotions which are subject to and in compliance with the Federal Trade Commission Rule on Use of Negative Option Plans by Sellers in Commerce (16 C.F.R. Section 425).

  • Obtain affirmative unambiguous express oral confirmation that the consumer: a) consents to being Charged for any good or service, including providing, at a minimum, the last four (4) digits of the consumer’s account number to be Charged, b) understands that the transaction includes a Negative Option Feature, and c) understands the specific affirmative steps the consumer must take to prevent or stop further Charges.


More Definitions of Negative Option

Negative Option means, in an offer or agreement to sell or provide 14 any good or service, a provision under which the consumer’s silence or failure to 15 take an affirmative action to reject a good or service or to cancel the agreement is 16 interpreted by the seller or provider as acceptance or continuing acceptance of the 17 offer or agreement.
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Negative Option means an attempt to charge for, or increase
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Negative Option means a category of commercial transactions in which a seller markets an offer for a trial period and the seller then interprets a customer’s failure to take an affirmative action, either to reject an offer or cancel an agreement, as assent or continuing assent to be charged for goods or services.
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Related to Negative Option

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • ISO means any Option intended to be and designated as an incentive stock option within the meaning of Section 422 of the Code.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Ten Percent Stockholder means a person who Owns (or is deemed to Own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Affiliate.

  • Ten Percent Shareholder means a person who owns (or is deemed to own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its Affiliates.

  • SAR means a stock appreciation right granted under the Plan.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Ten Percent Holder means a person who owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary.