Jason agrees to buy a computer for $2,000 and puts $100 down to hold the computer, promising to return in a few days to pay the balance. Jason has an acute case of buyer's remorse and decides he doesn't want the computer
Which of the following is TRUE?
A) The $100 payment is called a deposit in law.
B) Jason has a legal right to the return of the $100 because he cancelled the deal.
C) Jason has a legal right to the return of the $100 because he didn't get the computer.
D) Jason has no legal right to get the $100 back
E) Both A and D
E
You might also like to view...
Indirect materials costs are included in manufacturing overhead
Indicate whether the statement is true or false
Direct sensory perception provides a vital background for the information that comes from human and documentary sources since:
A) it provides secondhand information. B) it is easy and the most economical way of collecting data. C) it means firsthand seeing, feeling, hearing, smelling, and tasting. D) it involves reading and reviewing documents. E) top executives are involved in getting firsthand information.