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Old 11-01-2007, 10:52 PM
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BENZ-LGB BENZ-LGB is offline
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Join Date: Apr 2001
Location: Southern California
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Quote:
Originally Posted by MTI View Post
Is a qualified acceptance truly an acceptance or is it a counteroffer? The deposit, being less than the purchase price is not acceptance, and the other condition further complicates contract formation.
Per UCC rules a good-faith deposit, if accepted by the seller = acceptance. If the deposit was only to "hold" the cars, it may be a differnet story.
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1989 300TE "Alice"
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