Quote:
Originally Posted by FrankWakefield
The 30 day and 14 day differing due dates... that's a mess.
As to when it's binding, I'd say that's when a bidder bids.
When is the consignor bound, when he sends the lots to the auction house AND they agree to terms. After all, why do auction folks want you to send stuff to them up front... so the house can be sure of what it is and that the consignor actually has (read had) it.
It is a mess.
ONLY thing that comes to mind that could have compounded it... just imagine that PSA graded NFL footballs...
|
Good lord Frank, all we need now is a graded football, you're right, what a mess.
I still can't believe those auction terms include no mention of a bid being a binding contract. As I mentioned to Scott Russell, this Brady football debacle could get some AHs to maybe review and do a little updating to their terms and rules. LOL