Question

The federal trade commission (ftc) created the _____ rule, giving consumers three days to cancel purchases they make from salespeople who come to their homes.

Answer 1

Cooling-Off Rule. 

The FTC allows consumers to cancel purchases within 3 days from sales made when salespeople come to consumers' homes. This "cooling-off rule" helps consumers feel less pressure and to assess their purchases after the salesperson has left his or her home. The rule acknowledges the power disparity when salespeople enter consumers' homes attempting to make a sale.