After receiving a buyer's notice of cancellation, within how many days must the seller notify them of their intention regarding goods?

The correct answer is 10 days because, in many jurisdictions, sellers are required by law to respond to a buyer’s notice of cancellation within a specified timeframe to ensure clarity and protect both parties in the transaction. This 10-day period allows the seller adequate time to assess the situation, especially concerning any goods already in transit or ordered, and to formally notify the buyer of their decision regarding the cancellation.

This timeframe also reflects a balance between providing the seller with enough time to manage their inventory and logistics, while also ensuring the buyer isn’t left in limbo for an extended period. Clear communication during this period is crucial for maintaining a good business relationship and for compliance with relevant consumer protection regulations.