The cooling off rule lets you return an item to a store within one year of purchase.

true or false

False

Explanation:

The Cooling Off Rule refers to a consumer protection law that allows a buyer to return a product or item that was bought at a location that is not the seller’s permanent place of business. The number of days which a buyer has to change his or her mind is different for various products or goods. Fourteen days after issuance of a new policy for cancellation without penalty is allowed by Insurance contracts. A minimum of three day period is in force for many types of sales contracts as stated by The Federal Trade Commission.

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