A majority of states have passed legislation establishing a cooling-off period during which the consumer may void a contract to purchase goods and services.

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A majority of states in the US have some form of cooling-off period legislation in place, giving consumers the right to cancel or void contracts for goods and services within a certain period of time after purchase. The length of the cooling-off period and the specific terms and conditions can vary by state and type of transaction.

A Majority of States Have Passed Legislation Establishing a Cooling-Off