§ 25A-38. "Home-solicitation sale" defined.

190 words·~1 min read·/nc/chapter-25a/25a-38

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

"Home-solicitation sale" means a consumer credit sale of goods or services in which the seller or a person acting for him engages in a personal solicitation of the sale at a residence of the buyer and the buyer's agreement or offer to purchase is there given to the seller or a person acting for him. It does not include

(1)A sale made to a buyer who has previously engaged in a similar business transaction with the seller;

(2)A sale made pursuant to a preexisting revolving charge account;

(3)A sale made pursuant to negotiations between the parties on the premises of a business establishment at a fixed location where such goods or services are offered or exhibited for sale;

(4)A sale which is regulated by the provisions of Section 226.9 of Regulation Z promulgated pursuant to Section 105 of the Consumer Credit Protection Act; or

(5)Sales of personal wearing apparel, motor vehicles defined in G.S. 20-286(10), farm equipment and goods and services to be utilized within 10 days in connection with funeral services. (1971, c. 796, s. 1; 1973, c. 672.)