Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Does 20% deposit consider a good consideration? Let say i saw an advertisement on the shop outside, and there is no pice list. I would
Does 20% deposit consider a good consideration?
Let say i saw an advertisement on the shop outside, and there is no pice list.
I would like to buy a pair of glass in the advertisement from shop, and the owner told me that the glass is worth 1000, but the shop dose now have it right now, and the shop ask me for 20% as a deposit and he said the glass will be available next week.
is the 20% deposit count as a good consideration? and is there a contract between me and the shop?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started