| 释义 |
cooling-off period cooling-off period a time during which a person can withdraw from a binding contract without any serious penalty. A cooling-off period is not normally available. It applies in terms of the Consumer Credit Act 1974 where contracts such as hire-purchase contracts are con- cluded off trade premises and in the Timeshare Act 1992 and in ever more areas of activity to protect those easily pressured into contracts without seeking time to consider or take advice. |