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Maryland Home Improvement PSI Exam Study Guide

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All door-to-door sales contracts MUST include: 1. the name and address of the buyer 2. the name and address of the seller 3. a promissory note 4. copies of all product brochures - 2. the name and address of the seller The cost of a project includes $1,000 for goods and services, $50 for delivery, and $125 for interest. What is the purchase price for this contract? 1. $1,000 2. $1,050 3. $1,1254. $1,175 - 4. $1,175

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Maryland Home Improvement PSI Exam
Study Guide

All door-to-door sales contracts MUST include:




1. the name and address of the buyer


2. the name and address of the seller


3. a promissory note


4. copies of all product brochures - ✔ ✔ 2. the name and address of the

seller


The cost of a project includes $1,000 for goods and services, $50 for delivery,

and $125 for interest. What is the purchase price for this contract?




1. $1,000


2. $1,050


3. $1,125

, 4. $1,175 - ✔ ✔ 4. $1,175


A contract is signed at noon on Thursday, September 20. The buyer can cancel

this contract any time up until:




1. Midnight on Sunday, September 23


2. Midnight on Monday, September 24


3. Noon on Tuesday, September 25


4. Noon on Thursday, September 27 - ✔ ✔ 4. Noon on Thursday, September

27


All of the following information on the "Notice of Cancellation" MUST be

entered by the seller prior to giving the form to the buyer EXCEPT the:




1. name of the seller


2. purchase price


3. date of the transaction

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