Subject	deposit is non-refundable. keep the money. it's yours.
Posted by	cant_z_me on September 24, 2002 at 11:55 AM
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In Reply To	is deposit refundable? PLZ READ and reply. posted by latoilette on September 24, 2002 at 11:47 AM
Message	that deposit is his promise that he is buying the car. if he backs out, he has to pay the oppurtunity cost that you took of not selling the car to anyone else. that oppurtunity cost you lost is his $200. keep it, it's yours. he cannot take any legal action if you have it in writing. good job.
Follow Ups	is deposit refundable? PLZ READ and reply. - latoilette 11:47:31 09/24/02 no, deposit is not refundable...you spent it (n/m) - damaged(pittsburgh) 11:52:19 09/24/02 deposit is non-refundable. keep the money. it's yours. - cant_z_me 11:55:44 09/24/02 (Law) Deposit. (a) A bailment of money... - Flycaz (MLB, FL) 12:01:20 09/24/02 A deposit is refundable unless you state otherwise > - SlicktopTT 12:02:38 09/24/02 Agreed. Sounds like some people could benefit from a - boileralum00 12:33:00 09/24/02 no sounds like some old timers need to brush up on their law - cant_z_me 12:48:02 09/24/02 Old timer? I just graduated in 2000 w/ a BS in Management! - boileralum00 12:59:17 09/24/02 haha..managment isn't law - cant_z_me 13:08:06 09/24/02 No, but the general law and the contract law classes I took - boileralum00 13:14:31 09/24/02 hey slicktopTT and boileralum00 answer me this - latoilette 13:20:15 09/24/02 Technically yes, you could put down a deposit of $10 - SlicktopTT 13:35:42 09/24/02 Neither is poly/sci. An excerpt I found - SlicktopTT 13:28:44 09/24/02 uh,yes it is...poli-sci=major before you got to law skoo (n/m) - cant_z_me 12:34:36 09/25/02 I think you are all wrong>>>> - CKZ(CA) 14:08:26 09/24/02 ??? Any form of payment deemed acceptable by both parties - boileralum00 15:30:56 09/24/02 Actually The law is covered in Article 2 of the UCC. - Flycaz (MLB, FL) 13:24:58 09/24/02 49 states (Louisiana is still holding out, last I heard) - boileralum00 15:33:12 09/24/02 Legally, Keep it. Friendly, Give it back. (n/m) - MugenRacer 13:41:38 09/24/02 Re: is deposit refundable? PLZ READ and reply. - BigMacZ 13:47:10 09/24/02 No deposit is so you could not sell out from under him>> - RT 13:52:48 09/24/02 there was a contract - latoilette 16:05:46 09/24/02 Don't be a cheap bastard, just give him his money back. (n/m) - Kenny (9 psi TT + NA) 15:44:40 09/24/02 It's yours ... if he doesn't get what a deposit is ... - markpearl91tt 18:32:52 09/24/02
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