cooling-off rule
- A law allowing a person to cancel a contract within a set time, typically three days, after signing it, applicable across diverse sales, excluding those made at a seller's regular business establishment
- The cooling-off rule enabled her to cancel the online sale within the stipulated three-day period.
- My dad utilized the cooling-off rule to rescind the contract for the dance lessons he had impulsively signed up for.
- Upon reconsideration, I decided to use the cooling-off rule to cancel the timeshare purchase.
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