Quote:
Originally Posted by 1952boyntoncollector
I understand the morality but I can assure you there is going to be a statute of limitations on it. It doesnt mean that the person cant refund the money back after the statue of limitations expires, its just they legally wont have too. (which wouldnt give the AH good reviews)
You can also find out you sold 1000s of items that turned out to be fake and file Bankruptcy and not owe anything or as someone else alluded to, if the auction house closed for business they wont owe anything.
So in theory they can close a day after the auction. There are lots of ways sellers can get out of their responsibility. If you win an item you may want to have it independently verified so you have more than enough time to return it.
Of course if theres a criminal act going on, different time periods would apply etc...
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Oy...
The auction house in question is not out of business nor have they filed bankruptcy in this situation. My point assumes the company is a going concern.