I agree that this was a sale unless both parties agreed to cancel it. I would like to see someone sell their house, get paid by the buyer, and then try to return the money and stay in the house because they decided they didn't want to move any more. I know a written contract wasn't signed over the Mick in this case, but a deal was struck and payment sent and received.
To try to put a positive spin on this for Eric, at least he got his money back (even if Paypal is holding it for a few days for some reason).
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