Deposit / Escrow posted by Adam (NoVA) on February 16, 2009 at 08:43 AM
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down on a lay-away at a store, if you decided to cancel your layaway, you wouldn't be refunded your deposit? I understand that putting a deposit down on something basically puts the sale on a contract, but I don't see not being able to get your deposit back. It's been a few years since my business law class where we covered contracts, so I'm just trying to think rationally.