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Old 06-22-2017, 06:50 PM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
Posts: 30,361
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Quote:
Originally Posted by Aquarian Sports Cards View Post
I don't feel that disagrees with what I said. The high bid is only ratified when the item is declared sold. Until that time bids are retractable. I am on vacation, but I will pull my copy of the UCC and share the section I'm talking about when I get home.
It's binding once you place it. Otherwise how could an auction function? Think of a live auction, it would be a circus and rife with fraud.
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My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/

He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.
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