Question
Larry wins a watch in a competition and as he already has a similar one, advertises it on the internet saying have won this
Larry wins a watch in a competition and as he already has a similar one, advertises it on the internet saying " have won this watch (photo attached) its value is around $1500 but will sell for $15".
Jack rings Larry and says he will buy the watch that has been advertised. Larry says ok and gives Jack his bank account details. Jack transfers the money into Larry's bank account.
When Larry sees the $15 in his bank account he realises he made an error in the advertisement as it should have said "....will sell for $150". Larry refuses to hand the watch to Jack.
a)Is there a legally enforceable contract?
b)Does it matter that the watch was worth considerably more than $150?
c)If there is a contract is there any legal basis for Larry to argue that the contract should be void?
d)What would Larry have to establish to make the contract void?
e)Are there any cases that assist your argument?
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