Is there a standard cancellation period (3 business days for example) for most contracts?

Published April 30, 2011

Question by consumer1: Is there a standard cancellation period (3 business days for example) for most contracts?
I’ve heard that any contract has a cancellation period that you can exercise even if it’s not explicitly stated. I’m not sure if this is certain state laws, federal laws or just untrue.

Best answer:

Answer by Just me(a nice guy)
this is true depending on the contract
for example car sales does not apply
the product or service can not lose value in those 3 days

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Posted in Music Contract Information | Tagged business, cancellation, Contracts, Days, Example, most, Period, Standard, There