"Prestigious" dealer needing lesson in honoring commitments

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"Prestigious" dealer needing lesson in honoring commitments

11-01-2007, 10:52 PM

BENZ-LGB

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Quote:

Originally Posted by MTI

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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