Quote:
Originally Posted by OhioLawyerF5
Technically and legally, a posting for sale is an invitation for offers, even though the post didn't say it. It is legally implied. A sale is a contract between two people. A contract requires offer and acceptance. So there has to be an offer. Even if a person isn't willing to negotiate, a listing with a price is not an offer. The buyer always makes the offer in contract law. The seller always accepts.
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You'd be losing a lot of money mixing up offers=pink sell tickets and bids=blue buy tickets working in a stock brokerage. It's
your error, you eat it. Your firm does not. (Unless you quit of course and even then your firm will still take any loss out of any salary owing to you.)
Quote:
Originally Posted by OhioLawyerF5
When you go to walmart, their price is not the offer. It is technically an invitation to hear offers, even if they will only accept the price as marked. When you check out, you are making an offer to purchase at the listed price. When they take your money, they are accepting your offer.
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That's not consistent with another detail that has the force of law in many jurisdictions including my own. If there are two price tags on an item, the retailer MUST honour the lower price tag at the cash register. In other words, the price tags are treated as the retailer's offer to sell under the law.
