North Carolina General Statutes 66-121. Buyer’s right to cancel
Terms Used In North Carolina General Statutes 66-121
- Contract: A legal written agreement that becomes binding when signed.
- Prepaid entertainment contract: means any contract in which:
- United States: shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(a) In addition to any right otherwise to revoke an offer or cancel a sale or contract, the buyer has the right to cancel a prepaid entertainment contract sale until midnight of the third business day after the buyer signs a contract which complies with N.C. Gen. Stat. § 66-119(4).
(b) Cancellation occurs when the buyer gives written notice of cancellation to the seller at the address stated in the contract.
(c) Notice of cancellation, if given by mail, is given when it is deposited in the United States mail properly addressed and postage prepaid.
(d) Notice of cancellation need not take a particular form and is sufficient if it indicates by any form of written expression the intention of the buyer not to be bound by the contract.
(e) For purposes of this Article, business days are all days other than Saturdays, Sundays, holidays, and days on which the seller’s facility is not open to the buyer. (1979, c. 833, s. 1.)