5) Abby agrees to purchase a house from Norma for $300,000 and pays a deposit of $25,000. Abby also had Norma sign an agreement showing the sale price as $400,000, which Abby would show to her Credit Union. The Credit Union would only lend up to 75% of the value of the property and Abby needed to borrow all $300,000 in order to purchase the property. The agreement also included a clause that stated that it was conditional upon Abby being able to obtain financing from the Credit Union within 30 days. It also had a clause saying that Abby could waive this condition