IP Library Granted Patent US 8,052,053
Granted Patent B2
US 8,052,053 · App. 12/644,196 · Granted Nov 8, 2011

Apparatus and methods for enforcing purchase agreements

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Quick Facts
Patent No.
US 8,052,053
App. No.
12/644,196
Granted
Nov 8, 2011
Kind
B2
Abstract

Systems, apparatus, articles of manufacture and methods are provided for establishing (e.g., online) a buyer price for a first plurality of products. In one embodiment, the buyer price is lower than a retail price of the first plurality of products. A second plurality of products that the buyer has actually received during the subsequent transaction is determined. A penalty may be assessed if the first plurality of products does not correspond to the second plurality of products.

Claims (16)

1. A computer readable memory storing instructions configured to direct a computing device to perform steps of:

establishing a buyer price for a first product, the buyer price being different than a retail price of the first product;

establishing a redemption code which identifies the buyer price and the first product;

charging a financial account for the buyer price; and

charging the financial account for a penalty amount if the redemption code is received in connection with a purchase that does not include the first product, wherein charging the financial account for the penalty amount comprises:

charging a retail price of a second product; and

adjusting a rebate amount to be credited to the financial account.

2. The computer readable memory of claim 1 , in which the step of charging a retail price of the second product comprises:

charging the financial account the difference between the retail price of the second product and the buyer price.

3. The computer readable memory of claim 1 , in which the step of charging a retail price of the second product comprises:

charging the retail price of the second product to the financial account; and

crediting the buyer price to the financial account.

4. The computer readable memory of claim 1 , in which the redemption code comprises:

an alphanumeric code.

5. The computer readable memory of claim 1 , in which the redemption code comprises:

a bar code.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 22, 2015
From: WALKER DIGITAL, LLC
To: INVENTOR HOLDINGS, LLC
Reel/Frame 035985/0031 →