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A Proposal/Offer May be revoked at any time, before the communication of its acceptance is complete as against the proposer, but not afterward. If the buyer knew of the nonconformity at the time of acceptance, he can revoke only if he can show he accepted the goods with the impression the seller would cure it and that did not happen.
The defendant rejected the offer. The plaintiff then tried to accept the second offer. However, the defendant refused to sell. It was held that the second offer of £1,000 was terminated when the counter offer of £950 was made, and that the second offer could not be revived just because the counter offer was rejected. An offer must therefore ...
(1) If an action based on anticipatory repudiation comes to 2-723 trial before the time for performance with respect to some or all of the goods, any damages based on market price (Section UCC 2-708 or Section UCC 2-713) shall be determined according to the price of such goods prevailing at the time when the aggrieved party learned of the ...
Backing out of the deal if it’s just a verbal offer, or before a contract has been signed, is relatively simple. However, once a legal purchase contract has been signed, it becomes much more ...
According to eBay policy, if a buyer opens an Item Not as Discussed (INAD) ticket, then you must accept the return and refund the money. The buyer keeps the items and sends an empty box back ...
Such advertisements have been construed as an invitation for an offer of sale on the terms stated, which offer, when received, may be accepted or rejected and which therefore does not become a contract of sale until accepted by the seller; and until a contract has been so made, the seller may modify or revoke such prices or terms.
Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to ...
In November 2017, a 1996 Honda Accord with 141,095 miles was listed on eBay for US$499 by producer Max Lanman on behalf of his girlfriend. Lanman made a video [18] to help sell the car, which went viral, helping the bids rise up to $150,000 before eBay accidentally removed the listing. [19] It was once again relisted and removed by accident.