Question 19
"Cooling-off" rules give consumers time to cancel certain purchases; some jurisdictions require them for door-to-door sales or time-share purchases, but they're not universal. The general consumer mindset — the useful habit — is to build a personal cooling-off routine: wait 24–72 hours before committing to big purchases, and use that time to check alternatives. Cooling-off is less a legal tool and more a self-imposed behavioral nudge that helps avoid regret purchases. This question asks you to identify which option matches the consumer-style cooling-off approach.
What's the consumer cooling-off habit that reduces impulse regret?
Did You Also Know...
By Wise Wallet
Roth IRAs are funded with after-tax dollars so qualified withdrawals are tax-free, while traditional IRAs offer tax-deferred contributions.