Asked by
Celarseino Carolino
on Dec 01, 2024Verified
On Monday, Russell agreed to buy replacement windows for his home from Stephanie, a door-to-door salesman. Two days later, on Wednesday, he can rescind the contract with no liability for breach of contract.
Rescind
To revoke, cancel, or repeal a law, order, or agreement.
Liability
The state of being legally responsible for something, typically referring to financial obligations or debts.
Breach Of Contract
Occurs when one party fails to fulfill their obligations under a contract, allowing the other party to seek legal remedies.
- Recognize the rights and obligations of parties in consumer contracts and credit transactions.
Verified Answer
IE
Learning Objectives
- Recognize the rights and obligations of parties in consumer contracts and credit transactions.
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