Quote:
Originally Posted by vintagewhitesox
There is a binding contract between the buyer and seller. the fact that an event happend "after" the contract was entered into does not change the terms. Buyer has to pay. If he backs out, I would sue him for the amount he agreed upon.
But I practice criminal defense and not this stuff so what do I know?
Here's another question.
What if the role was reversed? What if Brady had announced his retirement the next day? The value of the ball would increase. Should the buyer have to then pay more to the auction house?
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If the auction house wrote in the description that unfortunately the ball was just one of many in a long line of TD balls that will surely follow, the seller would have a right to be pissed if Brady ended up retiring. This is the reverse where the buyer has a right to be pissed that the auction house said it was selling the last TD ball of the guy’s career. That proclamation just seemed unnecessary. I bet they wrote it when there was zero inclination he would come back.