Terms Used In Maine Revised Statutes Title 32 Sec. 4665

  • Consumer: means any person who purchases or contracts for the purchase of merchandise for any purpose, except resale in the ordinary course of trade or business. See Maine Revised Statutes Title 32 Sec. 4661
  • Contract: A legal written agreement that becomes binding when signed.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Sale: includes any sale, transfer, exchange or barter, offer for sale or attempt to sell any merchandise for cash or on credit. See Maine Revised Statutes Title 32 Sec. 4661
Within 20 days of notification to the seller of the avoidance of a contract or sale as provided under this subchapter, the consumer upon demand shall tender to the seller any goods delivered to the buyer pursuant to the sale or contract but need not tender at any place other than his residence. If the seller fails to take possession of such goods within 20 days after cancellation, the goods shall become the property of the consumer without obligation to pay for them. [PL 1971, c. 150, §1 (RPR).]
SECTION HISTORY

PL 1969, c. 395 (NEW). PL 1971, c. 150, §1 (RPR).