§ 66-121. Buyer's right to cancel.
§66‑121. Buyer's right to cancel.
(a) In addition to anyright otherwise to revoke an offer or cancel a sale or contract, the buyer hasthe right to cancel a prepaid entertainment contract sale until midnight of thethird business day after the buyer signs a contract which complies with G.S. 66‑119(4).
(b) Cancellation occurswhen the buyer gives written notice of cancellation to the seller at theaddress stated in the contract.
(c) Notice ofcancellation, if given by mail, is given when it is deposited in the UnitedStates mail properly addressed and postage prepaid.
(d) Notice ofcancellation need not take a particular form and is sufficient if it indicatesby any form of written expression the intention of the buyer not to be bound bythe contract.
(e) For purposes ofthis 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.)