Question

Which of the following is required by the Federal Trade Commission Cooling-Off Rule in regard to door-to-door sales?

A. That consumers have three days in which to cancel purchases made from salespeople who come to their homes.

B. That the salesperson notify the consumer, both verbally and in writing that the sales transaction may be cancelled.

C. That the consumer be notified in writing in the same language in which the oral negotiations were conducted.

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

E. That consumers have three days in 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 cancelled, but not that notification also be made verbally.

Answer

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