From a uk law and consumer rights website
If the seller prices a product with the wrong price in error, you can't insist on buying it for the displayed price unless the transaction has already been completed. The seller must nevertheless take immediate steps to correct the mistake.
On the high street, if an item is advertised at the wrong price, the company selling the goods or services has to remove the items from the shelf. There is no obligation to 'honour' the advertised price and therefore no binding contract for sale. However, as a goodwill gesture it is not uncommon for larger companies to allow the consumer to pay for the item at it’s mislabelled lower price.
The same ‘no obligation’ principle applies to websites and online shopping stores in the UK. If the price advertised on the website turns out to be incorrect, then the seller does not have a legal commitment to complete the sale. Remember that an advertised price is not a contract of sale. It is therefore acceptable that the seller can refuse to complete the transaction if the price has changed.
Bugger, the thought of a couple of £k in the bank goes pop!, as the Kii 7’s are not in stock i imagine the retailer (sx pro) will not request the money from the bank until the product is shipped, therefore in the terms and conditions of sale the transaction/agreement to purchase at the £4190 price will be refused by the retailer (sx pro)
If the seller prices a product with the wrong price in error, you can't insist on buying it for the displayed price unless the transaction has already been completed. The seller must nevertheless take immediate steps to correct the mistake.
On the high street, if an item is advertised at the wrong price, the company selling the goods or services has to remove the items from the shelf. There is no obligation to 'honour' the advertised price and therefore no binding contract for sale. However, as a goodwill gesture it is not uncommon for larger companies to allow the consumer to pay for the item at it’s mislabelled lower price.
The same ‘no obligation’ principle applies to websites and online shopping stores in the UK. If the price advertised on the website turns out to be incorrect, then the seller does not have a legal commitment to complete the sale. Remember that an advertised price is not a contract of sale. It is therefore acceptable that the seller can refuse to complete the transaction if the price has changed.
Bugger, the thought of a couple of £k in the bank goes pop!, as the Kii 7’s are not in stock i imagine the retailer (sx pro) will not request the money from the bank until the product is shipped, therefore in the terms and conditions of sale the transaction/agreement to purchase at the £4190 price will be refused by the retailer (sx pro)
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