Which of the following statements is true about a deposit?
A) it is an amount paid at the beginning of the contract as a sign of good faith
B) it can be forfeited if the transaction is not completed by the fault or choice of the depositor
C) All of the above
D) it can be accepted by the innocent party as the complete payment or remedy for damages and the innocent party cannot sue for more
E) it will be considered a penalty if it exceeds more than 10% of the total price
C
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Yardstick reports tell how the criteria were selected or developed
a. true b. false
When do the payments on a Stafford Loan begin?
A) When your school receives the money from the government B) When your loan balance gets over $5,000 C) You can choose when your payments begin anytime within 24 months of your graduation date. D) None of the above is correct.