Study On Online Shopping In The Consumer’s Right To Regret

The rights of rescission which is a statutory right of consumer protection allow con sumers have unconditional right to cancel the contract within a certain period of time aft er the purchase of goods. Although this right go against of the principle of “prohibition of anti-promise”,it ensure the equity of commodity trading. In civil law estoppel mean s that both parties to the transaction reached an agreement based on the principles of lib erty and equality before the deal, but China’s online shopping transactions have a lot of i nformation asymmetry situation which makes the status of parties to the transaction ine quality. If we don’t formulate relevant rules about the rights of rescissin of online shopp ing, consumers’ rights will suffer great damage. Among China’s current practice of onlin e shopping,many shopping platform has been developed with the relevant provisions of unconditional refund, so both in theory and in practice to develop and implement the rig ht of rescission of online shopping is imperative. In October 2013, National People’s C ongress Standing Committee adopted and promulgated the "Consumer Protection Act" which has formulate the relevant content about the rights of rescission,but there are man y flaws need to be filled which makes this research more practical significance.In this paper,the author study the basic theory of consumer’s right of rescission, nat ure,concept formulation background and other countries legislation and research on the rights of rescission, combining with the practice of China’s online shopping and legisla tive status at the same time and put forward some proposal. Finally we can make the int erests of both consumers and operators in balance.