Joe comes to Patty's house to sell her a knife set. He uses an aggressive sales pitch and he tells Patty that all sales are final. Patty signs a contract to buy the set, but later regrets it and asks to rescind the contract 7 days later? Can Patty rescind her contract?

Question

Quizplus · Accepted Answer

Patty has the right to rescind the contract within three business days of the sale, even if she was told that all sales were final. This is because of the Cooling Off Rule, which gives consumers a three-day period to cancel contracts for purchases made at their home or at a place other than the seller's regular place of business.

Joe Comes to Patty's House to Sell Her a Knife