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    Business
  3. Study Set
    Canadian Business Law
  4. Exam
    Exam 6: Important Terms and Contract Interpretation
  5. Question
    A Down Payment Is a Sum of Money Paid by the Buyer
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A Down Payment Is a Sum of Money Paid by the Buyer

Question 58

Question 58

True/False

A down payment is a sum of money paid by the buyer as an initial part of the purchase price and is completely forfeited if the contract is breached.

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