Microsoft License-based - NCE
For New Commerce products, license-based subscription can have 1-month or 12-month paid terms, which begin on the purchase date. Subscriptions can be billed upfront, monthly or annually. Subscriptions can be cancelled with a prorated refund within the first 7 days for any term. After seven days, cancellation is no longer available. The subscription is billed for the full term even if the subscription is suspended or not being used. All license-based subscriptions auto-renew by default.
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