What is the legal test for retaining a deposit from Argo?
British Columbia, Canada
The following excerpt is from Argo Ventures Inc. v Choi, 2019 BCSC 86 (CanLII):
The deposit that Argo seeks to retain is a liquidated amount, which is forfeitable without proof of damages: Tang v. Zhang, 2013 BCCA 52 at para. 30.
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