Final answer:
The true or false nature of the business transaction question cannot be determined without specific context and details of the sales agreement. However, the statement about sellers not willing to sell below the equilibrium price is false as sellers might do so for various reasons such as clearing excess stock or responding to competition.
Step-by-step explanation:
The original question seems to be centered around a business transaction and the implications of returns after a cash discount is given. However, the provided references and scenarios about different individuals buying and selling houses and the question about the goods market's equilibrium price do not directly pertain to the student's question regarding sales and discounts on merchandise returns. Therefore, we cannot determine the true or false nature of the statement without the specific context it applies to. A correct answer would require more information about the terms and conditions of the sales agreement between the seller and the customer. In general, businesses often have policies regarding returns and cash refunds, especially when discounts have been applied; cash refund policies can vary and may be influenced by the timing or condition of the returned goods.However, the statement about the goods market equilibrium price being a level below which no seller would be willing to sell can be addressed. This statement is false because sellers may still be willing to sell below the equilibrium price for various reasons, such as clearing out excess stock, responding to competitive pricing, or considering their own cost structures. The equilibrium price is where the quantity demanded equals the quantity supplied, but various factors may motivate a seller to accept a lower price.