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#11
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One huge difference in say Leland's just cancelling the sale is that if this item was sold for say $5K-$10K, or even a bit more, the legal fees potentially involved could easily end up being way more than what the item is even worth. So not at all then worth pursuing by either side really. But for an item selling for over $500K, that's a whole different story. And without specific wording in the consignment agreement specifically allowing an AH to unilaterally make such a decision on the consigner's behalf, I would think the AH has a duty to go after the auction winner to complete the sale and pay the full price they agreed to pay.
Technically Leland's made no false statements in their auction description, and even at this moment, that football is still the final one Brady has thrown for a TD pass in his career, retired or unretired. |
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