Could a business post a price for an item but actually charge the customer more when it was time to pay?

Responses

No, the posted price is effectively a contract.

Yes, businesses can charge whatever they want.

No, the price should not have been posted at all.

Yes, the market determines the price of the products.

1 answer

No, the posted price is effectively a contract. When a business advertises a price for an item, it establishes an expectation for the customer that they can purchase the item at that price. Charging a different price at the time of payment can be considered deceptive or misleading, and may violate consumer protection laws. Businesses are generally required to honor the advertised price unless there is a clear mistake that has been communicated to customers.