As Leon stated, it's entirely up to the seller. In your above example, if the seller chose to accept the 10 PM or even the 10:01 PM bid, that's his/her choice and any ensuing outcry is also his/hers to deal with. To that end, I agree that it behooves every seller (not just for the auctions, but any BST transaction) to clarify as best as possible anything they might consider ambiguous ahead of time to avoid headaches.
Edited to comment on Frank's point - in the case I think Brad is referring to, the seller actually did much better using the hard ending time then he would have with the 5 minute rule. Also, wouldn't the 5 minute rule have the same issue?
__________________
To send me a Private Message, click here.
Please check out my albums.
Last edited by Matt; 06-23-2009 at 06:17 PM.
|