Quote:
Originally Posted by OhioLawyerF5
The buyer always makes the offer in contract law. The seller always accepts. When you go to walmart, their price is not the offer.
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Ugghhhh. The law is therefore written with misleading and thus poor terminology. (Lawyers aren't known for being good writers.)
On the stock market sellers "offer" stock at a certain price. Buyers can take the offerings or "bid" a lower price. Any sellers are then free to hit the bid. Stock prices are therefore always in a state of unstable equilibrium, i.e. a stock's current price is where there's an equal amount of supply and demand but this can change at any moment.
