Question

Regarding door-to-door sales, which of the following is required by the Federal Trade Commission’s Cooling-Off Rule?

That consumers have three days within which to cancel purchases made from salespeople who come to their homes. That the salesperson notify the consumer, both verbally and in writing, that the sales transaction may be canceled. That the consumer be notified in writing in the same language in which the oral negotiations were conducted. That consumers have three days within which to cancel purchases made from salespeople who come to their homes, that the salesperson notify the consumer, both verbally and in writing, that the sales transaction may be canceled, and that the consumer be notified in writing in the same language in which the oral negotiations were conducted. That consumers have three days within which to cancel purchases made from salespeople who come to their homes and that the salesperson notify the consumer in writing in the same language in which oral negotiations were conducted that the transaction may be canceled, but not that notification also be made verbally.

Answer 1

Answer - option C

That consumers have three days within which to cancel purchases made from salespeople who come to their homes, that the salesperson notify the consumer, both verbally and in writing, that the sales transaction may be canceled; and that the consumer be notified in writing in the same language in which the oral negotiations were conducted.