This act shall be construed liberally to promote the following policies:

1. (a) To simplify, clarify and modernize the law governing consumer transactions;
2. (b) to protect consumers from suppliers who commit deceptive and unconscionable practices;
3. (c) to protect consumers from unbargained for warranty disclaimers; and
4. (d) to provide consumers with a three-day cancellation period for door-to-door sales.

L. 1973, ch. 217, § 1; L. 1974, ch. 230, § 1; L. 1976, ch. 236, § 1; July 1.