The ________ Gives Consumers Three Days to Cancel Purchases Made

question 49

Multiple Choice

The ________ gives consumers three days to cancel purchases made from a salesperson who comes to the consumers home.

• A) Rule of Three
• B) Buyer Protection Act
• C) Cooling-off Rule
• D) Product Trial Period Rule
• E) Buy Back Protection Act

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Definitions:

Just Compensation

The fair market value that must be paid for property taken by the government for public use, as guaranteed by the Fifth Amendment.

Proper Public Purpose

Proper public purpose is a principle stating that governmental actions and the use of public resources must aim to benefit the general public or community as a whole.

Expropriation

The act of a government taking private property for public use, with compensation provided to the owner.

Confiscation

The act of seizing property by authority, often without compensation, for legal or government use.