Professional Documents
Culture Documents
Institutional Affiliation
Course Details
Instructor's Name
Date of Submission
2
In the realm of business transactions the balance of power between customers and
sellers is an essential aspect to consider. While customers often have the freedom to choose
which products to purchase it is important to acknowledge that they do not possess the
authority to force a seller to sell a specific product. This essay aims to explore the reasons
why a customer cannot exert such power over a seller and the implications of this dynamic.
Sellers have the right to decide which products they want to sell and to whom they want to
sell them. This freedom is protected under the law as it allows sellers to exercise their
Furthermore the principle of supply and demand plays a significant role in shaping the
relationship between customers and sellers. Sellers determine the price and availability of
their products based on market forces such as production costs and consumer demand. If a
customer insists on purchasing a product at a lower price than what the seller deems
reasonable the seller has the right to refuse the transaction. This principle ensures that sellers
Moreover the legal framework surrounding the sale of products supports the rights of
sellers. Contract law governs the enforceability of agreements between parties and it
establishes the conditions under which a contract is valid. A contract requires the mutual
consent of both parties and a seller cannot be compelled to enter into a contract against their
will. This safeguards the seller's autonomy and protects them from potential exploitation or
purchase they cannot force a seller to sell a specific product. The principles of freedom of
contract supply and demand and the legal framework surrounding business transactions all
contribute to this dynamic. Recognizing and respecting the rights of both customers and
References
- Smith, J. (2019). The Legal Framework of Business Transactions. Oxford University Press.
- Johnson, M. (2018). The Economics of Supply and Demand. Cambridge University Press.