If a company like bestbuy misprint a price and that price is online and i order and receive a confirmation order number, are they legally obligated to honor the price. The price was $9.99 for a 52" HDTV LCD.
1 Answer from Attorneys
I think they will not honor the price. If it was a small misprint, a company will usually honor the terms anyway. However, when the price of an item is off by 2 decimal places ($9.99 instead of $999.00), making the price so ridiculous, the company is not likely to honor the price. There clearly was an offer and acceptance, thus a contract. However, the company can find a way to get out of the contract. There was a mistake, and the mistake was so obvious that the other party (you) should have known - clearly not a meeting of the minds.
Did your confirmation email contain a receipt stating the item and price? How much was your credit card actually charged?
Related Questions & Answers
Does a company have the right to refuse refunds of pre-paid services Asked 8/12/09, 1:40 pm in United States Florida Consumer Law
I had water damage due to a busted main drain in the bath tub of my house. Due to... Asked 8/11/09, 3:03 pm in United States Florida Consumer Law
We had our car broken into and damaged at a movie theater parking lot. There is a... Asked 8/11/09, 10:35 am in United States Florida Consumer Law
My brother is considered to be a semi-pro gamer and enters video game tournaments... Asked 8/10/09, 12:26 pm in United States Florida Consumer Law
Alarm Security Companies trap customers in the Contract. That Contract is... Asked 8/07/09, 4:43 am in United States Florida Consumer Law