Under home solicitation rules, the cancellation deadline ends at midnight of the 3rd business day after the transaction. True or False?

Prepare for the California Landscaping Contractor (C-27) License Exam. Study with comprehensive flashcards and multiple-choice questions. Analyze each question with hints and thorough explanations to excel on your test.

Multiple Choice

Under home solicitation rules, the cancellation deadline ends at midnight of the 3rd business day after the transaction. True or False?

Explanation:
Under California's Home Solicitation Sales Act, a consumer has a cooling-off period of three business days to cancel after a home solicitation sale. The deadline ends at midnight of the third business day following the transaction, counting only business days and starting the day after the sale is made. For example, if the contract is signed on Thursday, the cancellation deadline would be the midnight of the following Tuesday. Weekends and holidays don’t count as business days. So the statement is true.

Under California's Home Solicitation Sales Act, a consumer has a cooling-off period of three business days to cancel after a home solicitation sale. The deadline ends at midnight of the third business day following the transaction, counting only business days and starting the day after the sale is made. For example, if the contract is signed on Thursday, the cancellation deadline would be the midnight of the following Tuesday. Weekends and holidays don’t count as business days. So the statement is true.

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