When does the 3 day waiting period not apply?

• A. If the contract is signed and purchase is made at a location including the home
• B. If the contract is signed by a grandparent
• C. If the contract is signed and purchase is made at company office or a location other than home
• D. If the customer pays in cash only

Answer: (C)

The rule tests how the location of signing affects the cooling-off period. The three-day waiting period applies to off-premises sales—when the contract is signed away from the seller’s primary place of business (for example, during a home visit or another off-site setting). It does not apply when the contract is signed and the purchase is completed at the seller’s business location, such as the company office or another location that is not the home. So, if the contract is signed at the company office or a location other than the home, the 3-day waiting period does not apply. The identity of the signer (like a grandparent) or the payment method (cash) does not change this rule.