Asked by
Tyler Rogers
on Nov 09, 2024Verified
A cooling-off law gives the buyer three weeks to cancel the contract, return any merchandise, and obtain a full refund.
Cooling-off Law
Legislation that allows consumers a set period of time to cancel a contract or purchase decision without penalty.
Full Refund
The total return of money paid for a product or service, typically due to dissatisfaction or a defect.
- Comprehend the legal ramifications of false representation and the implementation of cooling-off statutes in sales transactions.
Verified Answer
JS
Learning Objectives
- Comprehend the legal ramifications of false representation and the implementation of cooling-off statutes in sales transactions.
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