If a large auto parts retailer accidentally listed an engine package for sale on its website for $1212, is it bound to honor that price?
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If a large auto parts retailer accidentally listed an engine package for sale on its website for $1212, is it bound to honor that price?
Myself and a couple of friends ordered one, and received confirmation numbers. Other retailers list the same package at $10k. Then, one day later, the retailer we placed our orders with is saying the manufacturer has discontinued the package yet it is still listed for sale with the same part number but at $10k. Isn’t the retailer obligated to honor the original price?
Asked on June 29, 2015 under General Practice, Tennessee
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
A contract requires an offer and an acceptance. There was an offer (the sale of the engine package at $1212) which you accepted .
However, if there is a mistake in the price and you know of the mistake, you can't enforce the contract against the mistaken party. If you did not know of the mistake in price and had no reason to know of the mistake, then you could enforce the contract against the mistaken party.
It would appear that you knew of the mistake in price since you knew that other retailers were charging $10,000 for the same item.
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