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Do I have to accept a replacement good or a free repair instead of cash ?

No.
You are entitled to the return of your money if the goods are faulty, or not as described, or not fit for their purpose. You should be entitled to a refund on sale goods as well.

However, some companies may insist on a repair or replacement where you have held onto the goods for an unreasonable period of time before returning them.

Do I need to have a receipt before I can get a refund ?

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