Craig Ordered a New Car and Was Required to Pay

question 54

Multiple Choice

Craig ordered a new car and was required to pay a $500 deposit. Which of the following is correct with respect to that deposit if it is to be non-refundable?

• A) If no deposit had been paid, there could be no contract.
• B) The deposit must be an honest attempt by the parties to pre-estimate damages in the event of a breach.
• C) If the court feels that the damages exceed the deposit, they will order the breaching party to pay any difference.
• D) The deposit must be a fair reflection of the loss actually suffered.
• E) A down-payment is an amount of money to be forfeited if either party is in breach of contract.

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Definitions:

Ventricle

One of the two lower chambers of the heart that receive blood from the atria and pump it out to the lungs or the rest of the body.

Cardiac Cycle

The series of events that occur from the beginning of one heartbeat to the beginning of the next, including systole (contraction of the heart muscle) and diastole (relaxation of the heart muscle).

Atrial Repolarization

The part of the cardiac cycle in which the atria return to their resting state by the re-entry of potassium ions into the cells, often masked by ventricular depolarization on an ECG.

Systole

The phase of the cardiac cycle when the heart contracts, pumping blood out of the ventricles and into the systemic circulation.