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| Joined: | Sun Jun 1st, 2008 |
| Location: | Royston Vasey, God's Own Country, United Kingdom |
| Posts: | 25 |
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Here in the UK the procedure is that, in person, an offer is made by the seller- an 'invitation to treat'.
The buyer then accepts the invitation and proposes payment.
The seller can then either accept or refuse to sell on those terms.
Because the internet misses out the final acceptance by the seller (in person), then great leeway was given to sellers in that the electronic order confirmation doesn't generally create a binding contract.
Some retailers will honour price mistakes for goodwill purposes, others cancel the order or offer something in lieu.