Computer · Construction Management
Statement 1: Security deposit is an amount of money which is non-refundable, even after the maintenance period is over. Statement 2: Retention money is always forfeited by the department even after the finalization of maintenance or adjustment of the claim is over. Select the correct combination regarding the above statements:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement 1 and Statement 2 are false.✓
- 2Statement 1 is false but Statement 2 is true.
- 3Statement 1 is true but Statement 2 is false.
- 4Both Statement 1 and Statement 2 are true.
Correct answer
Both Statement 1 and Statement 2 are false.
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