question archive Bob signed a contract to purchase Sam's car on 1 July 2020

Bob signed a contract to purchase Sam's car on 1 July 2020

Subject:LawPrice: Bought3

Bob signed a contract to purchase Sam's car on 1 July 2020. Bob paid a deposit of $300 with payment of the balance of the purchase price to take place on 11 July 2020. On 8 July Bob lost his driver's licence due to accumulated loss of points.
Your task • Advise Bob whether he can refuse to proceed with the purchase. If he does refuse to proceed, advise him whether he can recover the deposit.

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