Contracts & ExecutionQuestion 540 of 1605

A consumer signs a home-solicitation contract for solar panel installation at her residence on a Tuesday at 6 PM. Under Civil Code §1689.5 et seq., she may cancel without penalty until midnight on:

a.Wednesday (next day)
b.Thursday (48 hours later)
c.Friday (the third business day after signing)
d.Tuesday of the following week (7 calendar days later)

Explanation

Civil Code §1689.5 et seq. (the Home Solicitation Sales Act) gives the buyer the right to cancel a home-solicitation contract until midnight of the third business day after signing. Counting Tuesday signing: Wed=1, Thu=2, Fri=3.

Law Reference: Civ. Code §1689.5

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