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Question about catalogs and prices

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BonutDot

Junior Member
What is the name of your state? Illinois

a catalog does not constitute an offer but is rather a solicitation for bids, in other words, offers, from prospective buyers. A buyer, in response to the bid price suggested by the catalog may in fact offer the merchant that price for the goods advertised in the catalog; on the other hand, a buyer may make an offer at a lower or higher price (usually lower). It is up to the merchant to accept the offer, usually by shipping the goods and depositing the tendered funds in his account, or to refuse the offer, either by asking for more money or by refusing the tender of funds or returning the payment instrument to the offeror.
Is that statement true? I heard it from some publication, but am unsure of its actual basis. Any idea on where I could look to find relevant laws?
 


BonutDot

Junior Member
If I were to go to a site that stores their prices clientside (on your end of the connection), and change the prices to something lower, would that constitute fraud or a different bid solicitation?
 

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