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Joe Comes to Patty's House to Sell Her a Knife

Question 45

Multiple Choice

Joe comes to Patty's house to sell her a knife set. He uses an aggressive sales pitch and he tells Patty that all sales are final. Patty signs a contract to buy the set, but later regrets it and asks to rescind the contract 7 days later? Can Patty rescind her contract?


A) No, because she waited more than the three days allowed under the Cooling Off Rule
B) No, because she was told all sales were final
C) Only if Joe engaged in fraud in the sale
D) Likely yes, because Joe failed to inform her, both verbally and in writing, that the transaction may be cancelled.
E) Yes, but only if she can prove the knives cost more than market value

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