Most online retailers regulate in their terms and conditions the situation where the price of goods or services is incorrectly advertised on the website. The extent of the consumer`s rights and the supplier`s liability for such a situation result from these general terms and conditions. The online retailer must display the total price of the goods The general principle is that a supplier cannot offer goods for sale without indicating a price in relation to those goods. An exception to this rule exists when the products in question are mainly used as advertising media. These sample phrases are automatically selected from various online information sources to reflect the current use of the word “price tag”. The views expressed in the examples do not represent the views of Merriam-Webster or its editors. Send us your feedback. RA 7394 is a very long article that covers all aspects of buying and selling consumer goods. The law on price tags can be found in Article 81, which states that products may NOT be sold at a price higher than that stated on the price tag. `A price is “displayed” for a consumable item when the price is stamped, affixed or otherwise marked on the consumer item or when the price of the consumable is indicated by signage, an electronic reader or any other means that clearly and reasonably communicates the consumer`s current price to the consumer when in the store at the location: where the article is located”. Online sales are confusing because when a customer selects and pays for goods, the parties agree that it is an offer to purchase from the online retailer.
The retailer can then decide to accept or reject this offer. So what the online retailer actually does is advertise their products at a certain price, and the consumer responds by offering to buy those products at that advertised price. Most online retailers state in their terms and conditions that this transaction becomes a full sale when the goods are delivered to the customer. (c) The buyer will receive a receipt describing the item and showing the price charged for the item. The definition of transaction in the ECT Act is not helpful, but the CPA defines a transaction as an agreement between persons to deliver goods or services for money. The CPA goes further and defines an agreement as an agreement that aims to establish a legal relationship between the parties. It does not specify what that legal relationship consists of. It could therefore be the concluded sale, which would mean that the consumer is not allowed to cancel until the sale has been concluded. The term “contract” could also include the stage at which the consumer offered to purchase the products, but the sale has not yet been concluded. If this is the case, the supplier could reject the offer if he cannot perform this contract because the goods are not available (§ 46). This article could be interpreted to mean that goods classified as unavailable include goods advertised at the wrong price. If the term “contract” includes an offer, the supplier must reject (not cancel) the offer and refund all payments.
Of course, I opposed it. I told him that we have a law against this practice, which is found in Republic Act 7394. By law, they cannot force me to pay more than what is stated on the price tag. I told them that if they insisted on charging me P56, we would have a problem. She told me to wait when she called her supervisor. His supervisor said the same thing. I told them that if this was the case, I would take a picture of the price tag and the price at the checkout and report their installation to the DTI. They then decided to let me pay the price of the label. But they still reached the price of their system. Then they didn`t give me the receipt. I wanted to leave, so I didn`t bother to ask.
Another potentially problematic area is the meaning of the term “transaction” in the ECT Act and what constitutes a transaction in an online sale. The ECT law allows the consumer to cancel the transaction, but when the provider can cancel is less clear. To add to this confusion, the law distinguishes between transactions and orders, and in the context of the ECT law, the term “order” appears to refer to a step in the process that takes place prior to the transaction. Earlier this week, I went to a supermarket to buy a small loaf of bread. The price was very clear – P46.75. When I brought it to the cashier, she scanned it and P56 appeared on the cash register. I told him that the price tag only said P46.75. She said we have to track the price that appears on the registry. After reading Bill 15, you will notice many similarities with the 449 Article Price Act. Law 15 delegates to the Ministry of Agriculture and Rural Development the tasks of implementation, administration and investigation of articles 7 and 8 and is assigned to weights and measures.