OMVIC Practice Test

What must be printed in 14 pt. bold font next to the buyer’s signature on a purchase contract?

1. Guaranteed Returns

2. Warranty Included

3. Sales Final

4. Satisfaction Guaranteed

The correct answer is: Sales Final

Context When signing a purchase contract, it is important for the buyer to carefully review and understand all the terms and conditions before signing. The buyer's signature, along with other important details such as the purchase price and delivery terms, is an indication of their agreement to the terms of the contract. Therefore, it is necessary for the buyer's signature to be clearly marked in a bold font, usually in 14 pt., to ensure that it is easily visible and stands out from the rest of the text. While options A, B, and D may sound appealing to buyers, they do not accurately represent the terms of the purchase contract. A "guaranteed return" may suggest that the buyer can easily return the item, but this may not be the case as it ultimately depends on the terms agreed upon in the contract. "Warranty included" is also misleading as it implies that