Peter Lau sells roof replacements via door-to-door sales calls.His average roof replacing services cost $10,000.00.He just sold Mary,a homeowner,a full replacement package for which she provided a 20% down payment.Under legislature available across Provinces in Canada,Mary has ten days to cancel the contract without any negative consequences.What term describes this ten day period?

Question

Quizplus · Accepted Answer

The ten day period during which a customer can cancel a contract without negative consequences is known as the cooling-off period. This is a legal requirement across Provinces in Canada, and is designed to protect consumers from making hasty or uninformed decisions.

Peter Lau Sells Roof Replacements Via Door-To-Door Sales Calls