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Rule Summary: Rule Concerning Cooling-Off Period for Sales Made at Homes or at Certain Other Locations
The Cooling Off Rule provides that it is unfair and deceptive for sellers engaged in “door-to-door” sales valued at more than $25 to fail to provide consumers with disclosures regarding their right to cancel the sales contract within three business days of the transaction.
Case: Zipatone, Inc.
Federal Trade Commission Decisions, Volume 114, Page 376