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#1
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2 things. If you sue in a dispute where something is physically stolen (not the case here) you only get what you paid for the item, and not what it would be worth now, what is its market value or what you would have gotten if you resold. The judge would look only at your receipt from when you bought it and have no interest in theoretical market valuations or how much (according to the plaintiff) it's gone up in value since then.
2, you're out no money. Considering the first paragraph, you'd have to convince the judge that you've been harmed. He (or she) may very well say you get the item in exchange for the price paid if you want because the sale was a contract, but he may, having little to no interest in theoretical resale speculations and market valuations, say you're out no money so he doesn't see the harm. You'd have to convince him. Realize that most people come before the judge in such suits are suing because they paid money, didn't get the item and want their money back. You'd be coming before him with having gotten your money back. You may indeed get the item (in re-exchange for the win price), but, if you didn't, you would not win any of paragraph 1's pie in the sky money. Last edited by drcy; 06-09-2014 at 11:28 AM. |
#2
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When a good is unique specific performance may be available. I agree a court would not likely award damages on an expectancy measure here.
__________________
Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#3
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If the reneged item was subsequently sold to another party, or through another venue such as a major auction house, would that not give a clear measure of the damages to the shafted buyer?
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Ebay Store and Weekly Auctions Web Store with better selection and discounts Polite corrections for unidentified and misidentified photos appreciated. Rude corrections also appreciated, but less so. Last edited by thecatspajamas; 06-09-2014 at 11:10 AM. |
#4
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Duly note that my working scenario is the case would be in small clams court, with a judge scheduling 10 minutes per case and the item in dispute being a baseball card or such that won't particularly stand out to a non-collecting judge as something of more significance than the stolen lawn chair set or the missing carburetor in the day's previous cases. I'm not envisioning the case involving the stolen relic of the Babylon and teams of lawyers and professorial expert witnesses.
If it turns out the eBay auction was for the Hope Diamond or the newly uncovered second set of Anne Frank's diaries, I will revisit my earlier post. Last edited by drcy; 06-09-2014 at 12:13 PM. |
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__________________
$co++ Forre$+ |
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As a seasoned collector said to an angry newbie, "You have a valid legal point, but the FBI isn't going to open a case over your stolen 1980 Topps set."
Last edited by drcy; 06-09-2014 at 12:42 PM. |
#7
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As for the latter, you would be entitled to benefit of the bargain damages, meaning if you could show that the item cost you $x to replace and x was greater than what you would have paid here, the difference is your damage--so long as your replacement reflected some reasonable market value and was an arm's length transaction. Here in AZ, a small-claim court (or even claims under $10K) would be heard by a justice of the peace, who does not even have to be a lawyer much less a a judge. So you might just get a cup of coffee and a round of applause.
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Now watch what you say, or they'll be calling you a radical, a liberal, oh, fanatical, criminal Won't you sign up your name? We'd like to feel you're acceptable, respectable, presentable, a vegetable If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.- Ulysses S. Grant, 18th US President. |
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