MI General Contractor Practice Questions - Michigan General Contractor Exam

Under Michigan law, what is the homeowner's right regarding contract cancellation?

No right to cancel Homeowners may cancel certain home-solicited contracts within 3 business days under the FTC Cooling-Off Rule 30 days to cancel any contract 7 days for all contracts

Correct Answer:

Homeowners may cancel certain home-solicited contracts within 3 business days under the FTC Cooling-Off Rule

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