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Consumers are often the least important parties in a corporate insolvency. Gift cards are always a potential problem as the consumer has already made the payment, but the receiver has no requirement to honor them. Consider this before making a purchase.

http://www.cbc.ca/news/canada/saskatchewan/you-have-to-be-a-vigilant-consumer-gift-cards-worthless-when-stores-go-out-of-business-1.4457210

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