Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 6/24/83; site watmath.UUCP
Path: utzoo!watmath!ljdickey
From: ljdickey@watmath.UUCP (Lee Dickey)
Newsgroups: net.legal,net.consumers
Subject: Re: Car Deposit Refundable
Message-ID: <8799@watmath.UUCP>
Date: Tue, 28-Aug-84 20:51:11 EDT
Article-I.D.: watmath.8799
Posted: Tue Aug 28 20:51:11 1984
Date-Received: Wed, 29-Aug-84 01:22:37 EDT
References: hogpd.382, <268@mb2c.UUCP>, <2361@ihuxf.UUCP>
Organization: U of Waterloo, Ontario
Lines: 13

> If a consumer can get his/her deposit back after changing
> his/her mind, then what is the purpose of a deposit?

When I make an deposit, I expect it to mean something like this:

  (1)	The seller will hold the goods for me for some prescribed
	period of time, and will not sell to someone else, even 
	if they offer a higher price.

  (2)	If I do not come complete the purchase within the
	prescribed period, I lose the depost, and the seller
	is free to sell to anyone else.