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Buyer remorse laws, often referred to as "cooling-off" periods, are regulations that allow consumers to cancel a purchase within a specific timeframe after the transaction, typically without penalty. These laws are designed to protect consumers from impulse buying and high-pressure sales tactics, particularly in situations like door-to-door sales or telemarketing. The duration and applicability of these laws can vary by jurisdiction and type of product or service.

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2w ago

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