Originally Posted By Hamwich
Originally Posted By Stewart S

No Ian I’m correct

The ‘consideration’ is clear if the price is agreed and someone has agreed to sell that for that price and the person has agreed to buy it at the price verbally


Yes, I believe Stuart is correct - although the final component, a mutual intention to be bound, could be argued to not be present if the seller always intended to sell to a higher bidder if one came along.

In any event, it's very poor form. A chap's word is his bond. Clearly the seller is no gentleman.


But once the seller has agreed to sell to the buyer at the price verbally agreed the seller can not sell to higher bidder

The only loose item which could cause an issue was the cost of postage but under the sale of good act 1982 and the later distance selling regulations of 2000, the postage is concidered a separate element to the contract if the price of the item is agreed and I would argue that if the sellers offer of the postage was too high I would have the opportunity to make alternative arrangements such as collecting the item

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