A Panel Saw Lists for $600

question 7

Short Answer

A panel saw lists for $600. It is on sale, marked down 15%. An additional 3% discount is given for paying cash. If a buyer pays cash, what is the cost?

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Definitions:

Uncertified Check

An uncertified check is a personal or business check that has not been verified or guaranteed by the bank upon which it is drawn, as opposed to a certified check.

Good Faith

A principle that denotes honesty or sincerity of intention in the fulfillment of one's duties and agreements.

Breach Of Contract

A violation of any agreed-upon terms and conditions in a binding contract.

Cashier's Check

A check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.