OMVIC Practice Test

The statement is true because according to the Consumer Protection Act, consumers are granted up to one year to request rescission for certain purchases. Option A, which is False, is incorrect because consumers are in fact given this one year timeframe. Therefore, option A does not accurately reflect the information provided in the question. On the other hand, option B correctly states that consumers do have the right to request rescission within one year, making it the correct answer.