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

Question 48

Multiple Choice

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?


A) No,because she was told all sales were final
B) Likely yes,because Joe failed to inform her,both verbally and in writing,that the transaction may be cancelled.
C) No,because she waited more than the three days allowed under the Cooling Off Rule
D) Only if Joe engaged in fraud in the sale
E) Yes,but only if she can prove the knives cost more than market value

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