Yes, but it is very broad with the only consistency being that
A) at least some assignments must be eligible for retake.
B) the retake grade only replaces the first try if it is higher.
C) if one student can redo, all students can redo.
Otherwise, schools, departments, or individual teachers can decide:
A) how many assignments can be redone
B)how many times an assignment can be redone
C) what can be required of students who want to redo the assignment