NONREFUNDABLE DEPOSITS?

[VOCE88@AOL.COM]

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In a message dated 1/16/01 10:53:00 PM Eastern Standard Time, 
skolnik@attglobal.net writes:


> 
> I need some perspective. In the retail piano business, how common is the 
> practice of  extracting non-refundable deposits from customers?  Many 
> replies, either yea or nay, would be most illuminating.
> Thanks.
> 
> David Skolnik
> 
> 
> At Cunningham, we don't do it. Although we are clear with a customer that a 
> deposit is only appropriate when there is serious intent, it doesn't make 
> sense to me (long term) to make a deposit non refundable. However, I have 
> heard of many companies that do this on a regular basis. 
> 
> Hope this helps,


Richard Galassini
Cunningham Piano Co. & Factory
Philadelphia, Pa.
1 (800) 394-1117
 <A HREF="http://hometown.aol.com/voce88/cunn.html">http://hometown.aol.com/voce88/cunn.html</A> 

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