Sal needs an apartment desperately because he wants to leave his wife. There is a severe shortage of apartments. Sal finds one for $1,000 a month. The landlord insists Sal give a $5,000 deposit and Sal pays it
The next day Sal and his wife reconcile, so Sal wants to get out of the lease. Which of the following is true?
A) The $5,000 payment is called a deposit in law.
B) This deposit is forfeited automatically.
C) Sal can attack this requirement to pay $5,000 as a penalty clause in order to get the money back.
D) This $5,000 payment is called a down payment in law.
E) Both A and B
C
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The same individuals may set different priorities for attributes according to all EXCEPT which of the following?
a. The purpose of using the service. b. The cost of the service. c. Whether the individual is using the service alone or with a group. d. Who makes the decision. e. The timing of use.
Assume that you are 23 years old and that you place $3,000 year-end deposits each year into a stock index fund that earns an average of 9.5% per year for the next 17 years
How much money will be in the account at the end of 17 years? How much money will you have in the account 15 years later at age 55 if the account continues to earn 9.5% per year but you discontinue making new contributions? How much money would you have at the end of 17 years if you had made the same number of deposits but at the beginning of the year instead of at the end of the year? How much money will you have in the account 15 years later at age 55 if the account continues to earn 9.5% per year but you discontinued making new contributions? What will be an ideal response?