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1) I'm sad to find your totally reasonable comment downvoted. Decline in HN standards, etc...

2) An alternative scenario: what if a car dealership simply mis-priced a car? They're holding a rare race car but the owner asked his know-nothing nephew to appraise it, who was busy texting his girlfriend and absent-mindedly wrote down $500. If you buy this car and the owner realizes his mistake the next day, can he ask for the car back?



1. I'm just confused, but that's OK.

2. As far as I know, the situation does not apply for mis-pricing. Some information here: https://en.wikipedia.org/wiki/Mistake_%28contract_law%29

It seems the situation is basically if a mistake is made that still seems reasonable (pricing a car for $19000 instead of $20000), it must be honored. If the mistake is completely unreasonable (pricing a car for $20 instead of $20000) it does not have to be honored. But a mistake in business knowledge (pricing a $20000 car for $2000 because you think that's all it's worth) still has to be honored.




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