Business, 14.11.2019 04:31 ggg3572

2. cohen contracts to sell his house and lot to windsor for $100,000.00. the terms of the contract call for windsor to pay 10 percent of the purchase price as a deposit toward the purchase price, or a down payment. the terms further stipulate that if the buyer breaches the contract, cohen will retain the deposit as liquidated damages. winsor pays the deposit, but because her expected financing of $90,000.00 balance falls through, she breaches the contract. two weeks later cohen sells the house and lot to ballard for $105,000.00. winsor demands her $10,000.00 back, but cohen refuses, claiming that winsor’s breach and the contract terms entitle him to keep the deposit. discuss who is correct.

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2. cohen contracts to sell his house and lot to windsor for $100,000.00. the terms of the contract c...

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