Question: Robert gave a $ 5 0 , 0 0 0 . 0 0 deposit to a Builder for the $ 5 0 0 , 0

Robert gave a $50,000.00 deposit to a Builder for the $500,000.00 purchase price for a new residential condo. Robert almost immediately regrets his decision. How long does Robert have if he wants to cancel his contract?
Question 9Answer
a.
3 days.
b.
10 days.
c.
60 days.
d.
Robert cannot validly cancel the contract.
e.
30 days.

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