hibernia Wrote:
> Nacker I can't see anything about price advertised
> in litters post ?
>
> Can I ask you if you paid me too much money for a
> job in error , how would you feel ?
Price available at any point in time is an advertised price so that is what is offered by the bookie and when I place a bet at that price, I have accepted the offer at that price...this is my limited understanding of the law of contracts...see link to Wendy Knowler article on subject:
www.iol.co.za/blogs/wendy-knowler-s-cons...1227976#.U2Ye4_mSyYI
Most interesting for me is following part:
"But the CPA does give retailers an “out” in terms of honouring prices which are obvious mistakes.
It states: “If a price as displayed contains an inadvertent and obvious error, the supplier is not bound by it, after correcting the error in the displayed price, and
taking reasonable steps to inform consumers to whom the erroneous price may have been displayed of the error and the correct price.”
The issue is also dealt with under the law of contract.
One party must make a firm offer to another which may be accepted or rejected.
When an incorrect price is discovered, the store owner has the right to refuse to accept the offer of payment from a customer, so no contract is formed."
My emphasis...
But price was advertised and payment made when bet was taken so there was offer of price, there was acceptance of price and there was offer of payment and acceptance of payment at that price...so, my logic tells me, and I stand corrected, that there was a contract that is binding...
Maybe the legal fundis amongst the Clanners that add their weight of knowledge to this...
With respect to the second question, we would have agreed on a price for the job you did for me and, if I overpaid you, the contract (detailing work done and price) would show the error of my over-payment and be the grounds on which any recovery is done...
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