Texas Law: Do contracts have to have a recission period?

Generally, contracts do not have to have a recission period. Courts will look to all the provisions within the contract, and then look to the intent of the parties. It depends on what kind of contract it is, what the circumstances were when you entered into the contract, whether you had opportunity to understand all the terms, etc. You have to state why you entered into the contract in the first place. If you suspect fraud (blatant misrepresentation, hiding the facts, bullying, etc) WHEN the contract was entered into, then you may sue them to cancel the contract. However, it sounds like you already performed your part of the contract. If they haven't performed at all, you can sue for damages. If you want definite answers, get a free consultation with a lawyer on whether or not you have a case. They'll be able to tell you with more details, and your conversation will be confidential.

You haven't given us enough detail to make a full judgement on. I think it depends on what you purchased with the contract. For instance if you are buying an automobile, you have three days to cancel the contract.

You need to pursue this. I honestly don't know, but if you can't find a answer talk to a lawyer many give free consultations to see if you have a case.

no, you just have to know the governor,and have more money than the state.