Liquidated damages paid on default by the buyer of a single-family residence who intended to occupy the dwelling cannot exceed what percentage of the purchase price?

a. 1%
b. 3%
c. 7%
d. 10%

Answer: b. 3%

Business

You might also like to view...

Identify the elements of a tactical marketing plan for a new kind of cola

What will be an ideal response?

Business

For public U.S. nonfinancial firms over the years 1980-2000, the composite market-to-book equity ratio generally:

a. increased from 1980-2000 b. decreased from 1980-2000 c. remained stable from 1980-2000

Business