Re: (idm) Auction

From Lazlo Nibble
Sent Fri, Apr 24th 1998, 21:38

On Fri, Apr 24, 1998 at 11:29:00AM -0700, Jeffrey Burk wrote:

>> what goes around, comes around. on 2 occasions i've have pulled out of
>> auctions without giving the seller's notice & making lame excuses, so
>> with it happening to me i didn't really mind :)
>
> I think 'Why a bidder/buyer has pulled out of an Auction' is no business
> of the seller. But the bidder/buyer should at least offer an email to
> notify the seller he or she is out of the Auction.

At the very least.  US law treats auction bids as contractual obligations.  If
you win and then try to "pull out" -- whatever the reason -- the seller has
the right to come after you for the money.

The moral being: don't make bids you can't back up!
 
-- 
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