Friday, May 15, 2009

Featured Question

what is a "good faith money"?
"good faith money " is The deposit of money into an account by a buyer to show that he or she has the intention of completing the deal. In most cases, the deposit amount will be a percent of the amount owed. The money in an account can also be known as "margin" or a "performance bond", depending on the type of transaction. An example would be a homebuyer depositing money into an escrow account. When this is done, the seller of the home knows that the buyer will fulfill the terms of the contract and make the purchase. Visit CMC Markets

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1 comment:

  1. The mobile phones are playing an important role in the business and that is why they must be recorded when finalizing any financial or business deals. So that is why we must have such perfect Business Mobile Phone that could easily support all these applications and compete in this age.

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