Lisa receives an SPDS from the seller on Tuesday and her agent emails her a corrected version on Friday of the same week. According to Arizona law, when does Lisa's right to cancel the purchase contract based on the SPDS expire?
Correct Answer
B) 5 days after Friday (the corrected version delivery)
Under Arizona's standard purchase contract, the buyer has 5 days after delivery of an SPDS (including any corrected version) to cancel, and the period restarts with each new or amended delivery — so the deadline runs from Friday.
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