A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500.Soon after the salesperson leaves,Mary begins to have second thoughts about the transaction.Which statement about the situation is correct?

Question

Quizplus · Accepted Answer

Mary has the right to cancel the transaction within three business days after the sale due to the Federal Trade Commission's "Cooling-Off Rule." This rule allows consumers to cancel certain types of sales made outside of the seller's regular business location, such as door-to-door sales, within three days of the purchase. Mary should check the terms and conditions of the agreement to determine the cancellation process.

A Door-To-Door Salesperson Knocks on Mary's Door and Convinces Her