I called in the local plumber to fix a burst pipe, but didn't confirm the price before he began working. How much do I owe him for the job?
Can I charge one price for immediate cash payment and a greater amount for credit or payment in installments?
Can I offer net-30 terms with a 2% discount for prompt payment?
If the vendor and customer were in dispute over the price, and the goods were delivered or the service provided before settling, how much is owed?
Can the store manager, salesperson or cashier make a "special deal" with the customer below the price set by the store owner?
Can the buyer or seller renege on an agreed price before delivery?
You set a price with your supplier based on the expected price from your customer. If your customer lowers his price, may you renege on the confirmed price with your supplier or cancel the order and rebuy the merchandise from him at a lower price?