Quote:
Originally Posted by Aquarian Sports Cards
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.