Baker agreed to purchase a set of books on display in Black's Book Store.The price for the set was $300,and Baker gave Black $150 to "bind the bargain." Black delivered the books to Baker's home the next day,but Baker refused delivery,as he had found a similar set in another shop at a slightly lower price.
-Black may retain the $150,and sue Baker for the remainder of the purchase price,if he is prepared at all times to deliver the goods to Baker.

Question

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Black can retain the $150 as it was given as a deposit to "bind the bargain." Black can also sue Baker for the remainder of the purchase price if he is always prepared to deliver the goods to Baker.

Baker Agreed to Purchase a Set of Books on Display