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W6 Schultz sells his house to Marcia for $200,000. A 10% deposit is paid as a down payment and the contract states that if Marcia
W6 Schultz sells his house to Marcia for $200,000. A 10% deposit is paid as a down payment and the contract states that if Marcia breaches the contract, the $20,000 down payment will be considered "liquidated damages". Marcia backs out of the contract so Schultz sells the house to another buyer for $250,000. Marcia sues Schultz for return of deposit - YOU DECIDE
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