If the contract buyer terminates the contract within the specified period, what will they be refunded?

When a contract buyer terminates the contract within the specified period, they are entitled to a refund of all consideration paid, including any accrued interest. This provision is designed to protect consumers by ensuring that they do not lose the full investment made in the contract, particularly if they change their mind or circumstances alter.

The full refund reflects the principle of fairness in contract law, allowing the buyer to reclaim the total amount invested. This ensures that the burden of protecting the consumer is placed on the seller, who holds responsibility for any terms stipulated within the contract. Accrued interest is also included, recognizing the time value of the money paid and compensating the buyer for the period during which they had committed their funds.

In contrast, other options imply partial refunds or only covering certain aspects of the payment, which do not align with consumer protection principles typically established in such contracts.