Where is the provision for cancellation of a prepaid contract within a specified number of days located?

The provision for cancellation of a prepaid contract within a specified number of days is typically located above the signature line. This placement is significant because it ensures that the consumer has clear visibility of their right to cancel before they commit to signing the contract. By having this important information positioned above the signature, it emphasizes the consumer's rights and ensures they are fully informed at the moment of decision-making.

Placement of critical information like cancellation rights is designed to protect consumers, making it an ethical practice. This helps prevent any potential misunderstandings about their rights after signing. Options regarding other placements, such as below the signature or on the back of the contract, would not provide the same clarity and immediate accessibility to the consumer and are therefore less ideal for vital information concerning cancellation rights.