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Under the IL Consumer Fraud and Deceptive Practices Act, consumers have the right to cancel an agreed upon sale within three business days. However, this right to cancel does not apply to

User Super Cool
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Final answer:

The Illinois Consumer Fraud and Deceptive Practices Act provides consumers with a three-day right to cancel certain sales, but this right does not apply to online, mail, or telephone sales, sales at a seller's permanent business where goods are regularly sold, real estate, insurance, securities, and certain vehicle sales.

Step-by-step explanation:

Under the Illinois Consumer Fraud and Deceptive Practices Act, consumers are typically afforded a three-day right to cancel certain types of sales transactions, which is a cooling-off period that allows consumers to reconsider their purchase. However, this right to cancel a sale does not apply to every transaction. The right does not apply to sales that are made entirely online, by mail, or by telephone, sales that are made based on negotiations that occurred at a seller's permanent place of business where the goods are sold regularly, sales that are for real estate, insurance, securities, sales of vehicles (unless the vehicle is not primarily for personal, family, or household purposes), or sales that are a result of prior negotiations at the seller's permanent business location where the goods are sold regularly.

User Bob Martens
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