Answer to Question #316814 in Law for Lora

Question

David is wandering round his local electronics store when he sees the latest smart watch on display with a price tag of £19.99. He immediately calls over the sales assistant and says he will buy the watch. However, the sales assistant advises him that the item has been incorrectly priced and says that David will have to pay £109.99 to buy it. David is furious as he believes the store are bound to sell him the watch at the displayed price.

question 1 - identify the essential requirements of a contract.

question 2 - Advise David on his rights in this case. In your answer you should make reference to relevant case law