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#11
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Ebay motor bids are non binding bids. unless that is just for autos and real
estate? but I believe it is for aircraft also. Certain eBay auctions involve non-binding bids, for example, certain real estate auctions. Non-binding bidding does not culminate in a contract between the seller and the buyer. However, even though non-binding bids do not contractually obligate the parties, non-binding bids represent a serious expression of interest and bogus bidding is prohibited. "Paul Tomblin" wrote in message ... In a previous article, Paul Folbrecht said: How stupid would you have to be to buy an airplane sight-unseen at Ebay motors? Just marginally stupid or something close to incredibly stupid? My understanding is that eBay purchases of aircraft are contingent on both parties accepting a pre-purchase inspection. I'm sure there is the usual price negotiations about who pays for what on the stuff that shows up in the pre-purchase inspection. -- Paul Tomblin http://xcski.com/blogs/pt/ I got accused of being humorless last night. I'm considering quoting Lieutenant Commander Data: "Perhaps the joke was not funny." -- Alan Rosenthal |
#12
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MRQB wrote: Certain eBay auctions involve non-binding bids, for example, certain real estate auctions. Any real estate. Real estate must be purchased using a written contract, ebay is not a written contract. A verbal contract may be used but it is not enforceable. |
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