GroundedSailor
Platinum Member
- Feb 18, 2001
- 2,502
- 0
- 76
shinerburke is right to take the action he intends to.
According to the laws of contract a contract does NOT have to be fair. It has to be agreed to by both parties. A sale is a contract and is binding. Hence under law, the store should honor the price he paid for it - whether or not they make a profit on the transaction has nothing to do with it.
Three chances and 24 hours is a very reasonable amount of time for the store to examine and change their offer. They did not. They accepted his money for the goods in accordance with their offer. That makes it a legally binding agreement (contract).
The store owner reneged on his part of the second contract they made after renegotiating the price. Yes a verbal contract is still a contract and covered by law.
shinerburke go for it. See if you can get your story in the local press. Bad publicity will shake up the store like nothing else.
BTW how is the store making a loss? They were getting what they paid for the oven + 10% which should cover their shipping costs. What they didn't make is the large markup for profit.
According to the laws of contract a contract does NOT have to be fair. It has to be agreed to by both parties. A sale is a contract and is binding. Hence under law, the store should honor the price he paid for it - whether or not they make a profit on the transaction has nothing to do with it.
Three chances and 24 hours is a very reasonable amount of time for the store to examine and change their offer. They did not. They accepted his money for the goods in accordance with their offer. That makes it a legally binding agreement (contract).
The store owner reneged on his part of the second contract they made after renegotiating the price. Yes a verbal contract is still a contract and covered by law.
shinerburke go for it. See if you can get your story in the local press. Bad publicity will shake up the store like nothing else.
BTW how is the store making a loss? They were getting what they paid for the oven + 10% which should cover their shipping costs. What they didn't make is the large markup for profit.