Question

Steven owns his own home. Carl is a salesperson for the Acme Home Improvement Company. Carl comes to Steven’s house, without invitation, and sells Steven some replacement windows on credit. Steven uses his house as collateral for these windows. Later, Steven decides that he does not want the windows. Which of the following best describes Steven’s possible acitons?

Group of answer choices

Steven has 7 business days to cancel the contract.

Steven has 3 business days to cancel the contract.

If Acme fails to notify Steven of his right to cancel the contract, Steven has 2 years to cancel the contract.

Steven is liable under the contract, and has no right to cancel it.

Answer 1

In this scenario, Carl, the salesperson from Acme Home Improvement Company, came to Steven's house and sold him replacement windows on credit, with Steven using his house as collateral. Since Steven made the decision to purchase the windows and agreed to the terms of the contract, he is generally bound by the agreement and is liable for fulfilling the contract. In this case, there is no indication that Steven has a right to cancel the contract or return the windows unless there are specific provisions within the contract itself or local consumer protection laws that provide such rights.