Businesses should avoid using certain terms when taking deposits and advance payments from customers. Find out more: https://gov.uk/fairterms About us: As the UK’s competition authority, our work makes a difference to millions of people across the UK. We help make sure that competition works for the benefit of consumers. Competition law helps us to protect people and businesses. We investigate all sectors of the economy, from care homes and online gambling to cloud storage and major retailers. For more info: https://www.gov.uk/government/organisations/competition-and-markets-authority 🐦Twitter - https://twitter.com/CMAgovUK 💼 LinkedIn - https://www.linkedin.com/company/competition-and-markets-authority 💬 Facebook - https://www.facebook.com/CMAgovUK 📸 Instagram - https://www.instagram.com/cmagovuk #Deposits #Cancellations #ContractLaw