Dear Teachers, <br/><br/>In the following business letter i wonder what is meant here by <br/>(transaction, rescission, provided for under federal law, and down <br/>payment) <br/><br/><br/><br/>NOTICE OF RESCISSION <br/><br/>To: <i>________________________________</i><br/><br/>This is to notify you that I hereby cancel the Transaction <br/>entered into on <i>__________________ between______________</i><br/>and myself. <br/><br/>This notice is being mailed to you on <i>________________</i>, <br/>which falls within the three day right of rescission period <br/>provided for under Federal Law. <br/><br/>I am requesting that you return my down payment immediately. <br/><br/><i>______________________________</i><br/>(Signature)