Q: Can I file a complaint if a company does not disclose the “cooling off period” and inform me of my right to terminate?
Signed an advertising deal with Wisconsin based company which I am now in the process of terminating by way of paying an early termination fee. My question is since they failed to inform me of my right to terminate and no where on the contract does it state it, do I have grounds for a complaint? The contract was physically signed in Georgia and the meeting took place at a fancy country club, not their usual place of business. Not looking for personal gain, simply don’t want them to mislead others because there is significant amounts of money involved.
A: Unfortunately, not every written contract is required to have a free "I've got second thoughts and want an early out" clause. In fact, you should be glad the contract even has an "early termination fee" clause, because that is not required everywhere either.
IMO, you are to be commended for stepping up to the plate, admitting you made a bad decision (after being wined and dined at a fancy country club) and deciding to pay the contractual early termination fee to get out of the contract. And finally, while I also admire your stated reason for asking the question here on Justia, i.e. you "don't want them to mislead others" I am sad to report that P.T. Barnum was 100% correct when he quipped: "A sucker is born every minute" in America.
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