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Similar to Yukon's program, the total surcharge per container includes a refundable deposit and a non-refundable handling fee. Whereas the refundable deposit is returned to the consumer when they return the beverage container to a depot, the non-refundable handing fee is put into the Environment Fund and is used to help cover program costs.
Earnest money is either paid to the seller or refunded to a potential buyer, depending on a number of factors. The termination option gives a potential buyer time to fully evaluate the condition of the property and perhaps renegotiate the initial offer based on inspections , needed repairs, or other considerations.
An earnest payment or earnest money is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official procurement processes to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction. [1]
A boilerplate clause is a legal English term that is used in conjunction with contract law.When forming contracts, parties to the contract often use templates or forms with boilerplate clauses (boilerplate language, used as standard language).
In 2017, A Flint man was arrested for buying cans from Indiana to redeem in Michigan, defrauding the system out of more than $1k. [67] In 2023, a Los Angeles ring was arrested in a bust worth more than $4.3 million. [68] In 2007, 13 out of 15 people in a Detroit ring were arrested in a bust called "Operation Can Scam" worth more than $500k. [69]
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