- December 3, 2023
- Posted by: legaleseblogger
- Category: Related News
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
Try Free Now: Legalese tool without registration
AI Legalese Decoder: How it can Help with the Situation
Summary:
My husband purchased a diamond ring from a jewelry store that is going out of business. After he paid $2000 in cash for it, the owner called to demand an additional $8000, claiming he underpriced it. We want to keep the ring but canÔÇÖt afford the extra cost. We’re unsure if this is a scam.
I. Background of the Situation
My husband recently purchased a diamond ring from a local jewelry store that is in the process of going out of business. They enlisted the help of an outside company to manage their going out of business sale, which included bringing in additional inventory. We were unaware of this at the time of purchase.
II. Details of the Purchase
The ring my husband purchased for me did not have a price tag on it when he found it in the store. He inquired about the price at the register and the owner of the store quoted him $2000, which he paid in cash. The ring was subsequently given to me as a gift.
III. Subsequent Price Discrepancy
Approximately a week later, the owner contacted my husband and stated that he had made a mistake in pricing the ring, and that it should have been priced at $10,000. The owner demanded that we either return the ring or pay an additional $8000. We are hesitant to do either, as we believe we made the purchase in good faith at the price quoted to us.
IV. Legal Implications and Concerns
We are unsure of our legal obligations in this situation. Can the owner legally demand the ring back or seek additional payment after the initial purchase was made in cash at the price he quoted? We are also concerned that this may be a scam, and are uncertain about the validity of the owner’s claims.
V. AI Legalese Decoder Assistance
The AI Legalese Decoder could assist us in understanding the legal implications of this situation. It could help translate the complex legal jargon into more understandable terms, guiding us on our rights and obligations as consumers. Additionally, the AI can provide information on relevant consumer protection laws in Tennessee that may be applicable in this scenario.
VI. Independent Appraisal
We have also sought out an independent appraisal of the ring at a neighboring jewelry store. While they were unable to provide an appraisal without the GIA number, they estimated that the center stone alone could be worth anywhere from $5,000 to $15,000 depending on certification.
In conclusion, the AI Legalese Decoder could be a valuable resource in navigating the legal complexities of this situation and providing insight into our rights and options as consumers.
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
Try Free Now: Legalese tool without registration
Title: The Importance of AI Legalese Decoder in Simplifying Legal Documents
Introduction
In today’s fast-paced and technology-driven world, the complexity of legal documents can be overwhelming for individuals and businesses alike. Understanding and interpreting legal jargon, also known as legalese, is a challenging task that often requires the expertise of legal professionals. However, with the advancement of artificial intelligence (AI), the process of decoding and simplifying legal documents has become more accessible and efficient. AI Legalese Decoder is a groundbreaking tool that has revolutionized the way we approach legal documents, making them more understandable and user-friendly for a wider audience.
AI Legalese Decoder: How It Works
AI Legalese Decoder uses advanced algorithms and natural language processing to analyze and translate complex legal language into simpler, more straightforward terms. By breaking down the intricate language used in legal documents, AI Legalese Decoder can provide a clear and concise interpretation of the content, making it easier for individuals without legal expertise to comprehend. This tool not only saves time and effort but also enhances the accessibility of legal information for a broader audience.
The Benefits of AI Legalese Decoder
The impact of AI Legalese Decoder extends beyond simplifying legal documents. It can also help individuals and businesses make informed decisions by providing them with a better understanding of their rights and obligations. Moreover, by translating legal documents into plain language, AI Legalese Decoder promotes transparency and accountability, fostering a more inclusive and equitable legal system. Additionally, this tool can significantly reduce the costs associated with seeking legal advice, making legal information more affordable and accessible for all.
How AI Legalese Decoder Can Help You
If you are faced with a complex legal document, AI Legalese Decoder can be your go-to tool for decoding and simplifying its content. Whether you are a small business owner, a consumer, or an individual navigating a legal matter, AI Legalese Decoder can empower you with the knowledge and understanding necessary to make informed decisions. With its user-friendly interface and accurate translations, AI Legalese Decoder is a valuable resource for anyone seeking clarity and comprehension in the legal landscape.
In conclusion, the integration of AI Legalese Decoder has significantly transformed the way we approach legal documents, making them more accessible and understandable for a broader audience. This innovative tool not only simplifies legal jargon but also promotes transparency, accountability, and inclusivity within the legal system. Whether you are dealing with a contract, a legal agreement, or any other legal document, AI Legalese Decoder can be a game-changer in providing you with the knowledge and confidence to navigate the complexities of the legal world.
Speed-Dial AI Lawyer (470) 835 3425 FREE
FREE Legal Document translation
****** just grabbed a
No, keep it and donÔÇÖt give him another dime. Hopefully you have a receipt in case he tries to claim it stolen.
yeah so when you sell something, thatÔÇÖs it. No refunds. Owner probably didnÔÇÖt make enough to cover whatever he was trying to cover with the going out of business sale and is resorting to black mail
This is a common scam. My guess is if you engage with him, he’ll be willing to take a much smaller amount than $8K, and I’m also guessing he’s doing this with all of his customers trying to squeeze out whatever money he can since he’s going out of business and doesn’t care about return customers.
Tell him to go fuck himself and don’t engage with him further. He, or his store, set the price, you agreed to it and paid it. That’s all there is to the transaction. He doesn’t get taksie-backsies, and there are no legal protections for when he undervalues something he sells.
If he sold you a $2,000 ring for $10,000 by mistake do you think he would be calling you and trying to give you back $8000
If youÔÇÖre having a moral dilemma you could agree to just return it for full refund but youÔÇÖre not obligated to in anyway.
You could always take it to a 3rd party jeweller and get an appraisal to see if heÔÇÖs telling the truth and make your decision that way
NAL. Keep the ring. Ignore all calls and correspondence unless or until that correspondence is a summons to appear in court. Right down everything that happened, including exact words of you can remember them.
You have a receipt, ÔÇ£aboutÔÇØ a week later to extort more money is nonsense.
OR…..sell it back to his stupid ass for 6k…..then he can sell it for 8 ƒñúƒñúƒñú
**He took [the ring] to the register to inquire about the price.**
There is no jewelry store in the world that stocks $2K rings on a shelf so that a shopper can ÔÇ£take it to the registerÔÇØ. There is something definitely fishy going on.
Scam. If it was legit heÔÇÖd go after the ÔÇ£third partyÔÇØ who ÔÇ£brought their own inventory with themÔÇØ. A lot of these small jewelry businesses and clothing shops have permanent ÔÇ£going out of businessÔÇØ signs and advertising and clearance sales. They could be a front for less legal activities but IÔÇÖve seen these shops with the same messaging go on for years and years. More common overseas and theyÔÇÖll have speakers blaring and video ads playing high volume non stop.
Take the ring to a different shop and get it appraised. Something is very off about this story. No jewelry shop I’ve even been in would leave a $2k ring out so any customer could handle it without direct supervision (“He took it to the register to inquire about the price”) let alone a $10k ring.
I fear you’ll find out that it’s worth significantly less.
Nah, tell him it doesn’t work like that at all. Your husband asked what it costs. Seller told him what it costs. He paid for it and received the ring. End of transaction. Stop taking calls from him or block him.
100% scam. Probably not their first. Post it on nextdoor and you’ll see others scammed by them the same way.
This is when I wonder if stories are even true. Someone pays cash and walks away. How did the owner know who your husband was and to then even call him? I don’t give my phone or other info out for most transactions, let alone a cash one. Things that make you go, hmmm?
Don’t forget jewelry stores have TREMENDOUS mark up their items. I bet the ring cost him $2k or less to begin with. I used to own a gas station and a jewelry store owner was a regular customer, one time he bitched about the price of a gallon of gas so I offered to set my margins to the same as his. $10/gallon wasn’t going to sit well with him. He never complained again about filling his G Wagon.
Bring it to any other jewelry store and see what they will offer you, I have a feeling because of their margins you’ll be lucky to be offered $1k.
A friend of mine inherited I think a Tiffany lighter that he brought to a jewelry store to sell, that insisted they could only give him $65 for it, two weeks later he goes back in and it’s got a $750 price tag on it.
Don’t trust them, don’t give back the ring and absolutely don’t feel bad. Enjoy it.
You’ve entered into a legally binding contract. You’ve a receipt to prove your case. Photograph receipt and ignore shop owner.
Enjoy your ring, it sounds fab.
Tell him ÔÇ£Interesting, makes sense you ran this business into the ground.ÔÇØ Then block him. What a clown.
Nope. It wasnÔÇÖt your fault they fucked up. They have to eat that. Bad news for them but good news for you. Please take it to a different jeweler and have it appraised.
NAL, but hereÔÇÖs my take: DonÔÇÖt engage further with the store owner, if your story is true **you have no obligation to talk to them unless they provide you with a valid reason or legal notice**.
If your husband bought the ring after removing the price tag, switched out the jewelry to receive the ring for a cheaper price, or otherwise defrauded the jeweler, that would be one thing, but it sounds like thatÔÇÖs not whatÔÇÖs being asserted. They sold the item at a price below what they may have wanted for it, knowing it was the item in question. That is the end of the transaction. If this were Walmart selling Lego sets for $5 instead of $15, you would just thank your lucky stars and pick up some cheap bricks, itÔÇÖs not your responsibility as a customer to question the pricing strategy of the merchant. The merchant has all the ability in the world to control their pricing and stocking processes prior to the sale of goods, but provided the sale is legitimate (again, no fraud has occurred), then regret is not enough to void that sale.
I do question how this jeweler got your husbandÔÇÖs number, as IÔÇÖve never had to give out my contact information for the purchase of jewelry. ItÔÇÖs possible they got it on Facebook, or potentially as a municipal/local requirement for large purchases, but if not, IÔÇÖd ask your husband if he entered into a payment plan or similar arrangement. If so, the jeweler would probably have some claim to unpaid monies.
Are you 100% certain that was the owner of the business that called you? Feels like a definite con of some kind.
And I doubt the ring would be worth that much. Usually if a business like that was really closing, a bigger fish would come by and buy up all the good pieces for a lump sum. Anything left over would be the trash the experts and vultures don’t want.
No! Sold is sold. You donÔÇÖt have to bring the ring back and donÔÇÖt have pay another dime to them.
He bought it. ItÔÇÖs his. He gave to you. ItÔÇÖs sad that the jewelry store had this problem but itÔÇÖs got nothing to do with either of you.
Keep it.
Also go get it appraised to see if itÔÇÖs really worth 10k or if he was lying to scam you.
They have no claim to it since you BOUGHT it, sounds like a scam.
Some stores are “going out of business” for years. Sounds scammy to me. Also, they’re right about thermal paper. In a few years it will be blank.
I just want to see the 10k ring you got for 2k slay
First off: youÔÇÖre not obligated to do anything further with the store or the owner where the ring was purchased. As everyone here has pointed out. Keep the receipt, make copies, take photos, etc.
Second: get the ring appraised, do this because now you need to insure it and have documentation for replacement if it ever goes missing or gets stolen. DonÔÇÖt tell the appraiser the story of what happened, just say itÔÇÖs a gift from your husband and you want to insure it.
Thats it. Wear it in good health.
Does he have a receipt? Cash part doesnÔÇÖt matter
Unilateral mistake in which both parties were innocent but one had the risk (not you) so itÔÇÖs yours. Wait for their legal counsel to talk to you.
All sales are final 🙂
Going back after the deal is done is only possible in very limited scenarios, having the owner misprice is not one of them.
examples:
* sold by someone who is unable to do so (e.g. by court)
* object is illegal
* item is stolen
* they told you a different price than what you paid (clerical entry error)
* if the error is obvious
A pricing error is basically on the seller
Here is some article re. mispriced articles
https://www.freestufffinder.com/pricing-error-laws-when-your-store-has-to-honor-a-glitch-price/
ps: how did they even get your contact details?
At a going out of business sale I would bet the receipt says ÔÇ£all sales are final.ÔÇØ That means what it says.
Do you still have the receipt? ThatÔÇÖs a basic contractual transaction.
Business is business, a purchase was completed between the seller and buyer. There are no additional obligations.
You legally own the ring now. ItÔÇÖs yours. Ignore the owner and do not engage. ItÔÇÖs your property.
NAL doesn’t the receipt say “all sales final”?
IÔÇÖd wonder how the ÔÇ£ownerÔÇØ got your number to call you? If your husband paid cash, thereÔÇÖs be no reason for your husband to give his phone number to the store and no way, unless your husband filled out some kind of warranty paperwork, for the ÔÇ£ownerÔÇØ to have it.
You’re in the clear. You made a legal purchase in good faith and the fact that (if it’s real) he didn’t have his ducks in a row on what goes where makes that a him problem. Your husband paid legal tender, has a receipt, and made a legal purchase agreed to by both parties. I agree with others calling this a scam.
But if you really want to cover your ass, go to another jeweler’s and get it appraised. I bet it really is only in the 2k margin (probably less, tbh) and you can get them to write that out for you if he happens to try to up the harassment. But it seems kind of suspicious that this guy going out of business just happens to have ‘undersold’ something by that much of a margin to a customer. They would have/should have had the display items out in blocks by price, so there’s no reason why a 10k item would have been in a section under 5k.
That said, if by some slim margin during the appraisal you find out that it’s actually 10k? Flash your bling. This is along the same lines of going to a grocery store and finding a pack of steak that should be priced at 30+ is actually around 3 because they mistyped the weight and printed it and put it out there without double checking. You take that to the front and buy it? Still yours. It kind of borders on being a bit grey coded, but all you’re really doing is taking advantage of someone’s slip up. If you priced it, bought it, walked out with it on your receipt and the tag matches? You did nothing legally wrong. Even if they run out after like “OMG, THAT SHOULD BE MORE.” Most stores recognize that it’s on them to price things/advertise correctly, so they err on the side of the customer when there’s a mixup that is on their end. There’s a reason this guy’s going out of business, and it’s likely because he’s shady.
Just because no one has mentioned it yet: are you sure you bought what you think you bought? Is it even a $2,000 ring? You might want to get it appraised to make sure that the materials used to make it (gemstones and metals) are legitimate. You might have been scammed on the way out the door.
Why did they take down your phone number/contact info if it was a cash sale?
The small town with neighboring businesses might change the equation in my mind. If you care about these peopleÔÇÖs relationship at all, maybe you consider it. I think most people were assuming this was a big enough city that you could remain anonymous. But this is more like dealing with neighbors.
I wouldn’t even communicate any further with him. If he turns up the heat, legally-speaking, that’s one thing, but otherwise, all sales are final.
How did the owner get husbandÔÇÖs phone number in the first place?
How did the owner get your husbandÔÇÖs phone number?
They fucked up and I doubt they would fix it if they over charged you.
That is their fault and not yours. They could try to go to small claims court, but it would either be thrown out or ruled in your favor. The owner and your husband shared and agreed on a price, sale/exchange was made, done deal. You donÔÇÖt get call backs when you realize you could have made more money. Maybe this is why theyÔÇÖre going out of business???