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Refurbished - money back?

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I bought a refurbished Iphone with a three month guarantee in December - the first one the battery stopped functioning after three weeks, I received a replacement a week later. When I received the replacement I found the headphone socket was faulty. After ten days I still haven't received replacement and I'm being told it is being 'Assessed'.

I'm getting fed up. If I ask for money back - am I entitled to it?

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