What is the maximum number of business days a seller has to honor a valid notice of cancellation by the buyer?

The correct choice is based on the regulations that outline the timeline a seller must follow when responding to a buyer's notice of cancellation. According to many home improvement sales regulations, once a buyer exercises their right to cancel a contract, the seller is typically required to take specific actions within a stipulated timeframe.

In this case, the maximum number of business days a seller has to honor a valid notice of cancellation by the buyer is 10 days. This period allows the seller time to process the cancellation and fulfill any obligations that may arise from that cancellation, such as issuing a refund or ceasing any further work on the contracted project.

Understanding this timeframe is crucial for both buyers and sellers. It ensures that buyers are aware of their rights to cancel without penalty within a legally permissible period, and it imposes a clear duty on sellers to act promptly and responsibly in handling these cancellations. This helps to foster trust and accountability in home improvement transactions.