Question
Peter owns a small store where he sells vinyl records. He decided to promote the business by advertising a special offer in the local newspaper.
Peter owns a small store where he sells vinyl records. He decided to promote the business by advertising a "special offer" in the local newspaper. The advertisement he placed in the local newspaper states that on the production by the customer of the advertisement, the customer will be entitled to purchase "rare" vinyl records by famous Opera singers for only $9 each for one week only. This price was incorrect due to a mistake Peter's assistant made in the email he sent to the relevant newspaper. The special price that Peter wished to advertise was instead $99. The day after the advertisement is published, forty customers arrive at Peter's shop producing the advertisement and offering to pay $9 for each of the records in question. Is peter required to sell these records to the forty customers, for $9 each according to the law of contract? Please refer to any relevant legal cases and/or legislation to support your arguments. Do not discuss the Australian consumer law for the purposed of answering this question.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started