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I have just ordered a new hi-fi system over the Internet but have now seen it cheaper in a high street shop. Can I cancel the order?

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I have just ordered a new hi-fi system over the Internet but have now seen it cheaper in a high street shop. Can I cancel the order?

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When buying most types of goods over the internet (known as distance selling as the buyer and seller are not in the same place at the same time to make the transaction), the consumer has an unconditional right to cancel the contract up to seven working days after the date of delivery of the goods. The goods however must be returned in a reasonable condition so the trader can resell them. The trader can charge for the return of the goods if he has made this clear beforehand.

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