A BUYER, having placed an order with one party that is able and willing to perform its obligations may then meet a supplier who can supply the same at a cheaper price. Can the buyer just decide not to go ahead with the transaction? Very often, a transaction is entered into by merely asking for a quotation and accepting it.
Then one party meets another that can provide the same goods or services at a substantially lower price. There may be a temptation to switch dealings. This may be encouraged by the fact that as yet no goods have been received or services rendered nor any deposit or part payment made.
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