A very legit question based on the Ed Broeth (sic) thread

[jcmtiger]

With any of my ebay auctions, I let the buyer know in the auction listing that there is a 3 day handling period. I also ask for payment within 7 days. But, I normally package everthing I sell when the auction is over. Usually ship within 1-2 days of payment. I wouldn't like to wait for 30 days for an item, but if it is stated before the sale or auction I would abide by that time period.

Joe

[rdwyer]

New retail promo:

Pay now, get nothing for 30 days! Yeah, right!

Legit:

legal; conforming to the rules : is this car legit?
• (of a person) not engaging in illegal activity or attempting to deceive; honest : to see if he's legit, I call up the business.

[Peter_Spaeth]

Rich it's possible you are referring to old provisions of the Uniform Commercial Code, I don't know, but generally contract law would provide that the time for performance is as specified in the contract or, if none is specified, within a reasonable time. The latter would typically be determined by custom and practice. In the case of a baseball card internet transaction, I would think generally speaking that would be 7-10 days at the outset.

[birdman42]

AFAIK, the 30 day rule applies to back-ordered items. (And, by the way, it's a "regulation," not a "law." Though when it comes to the feds, you're probably better off actually breaking a law than violating a regulation, because as I understand it the burden of proof is much lower for regulations than for laws. IANAL.)

At work, if we don't have an item in stock, then at 30 days we have to send an opt-out letter/e-mail: If you want to cancel the order, let us know. At 60 days, we have to send an opt-in letter/e-mail: If you want us to keep the order live, let us know. I believe it's an FTC reg; at least, we refer to it as "the FTC letter."

If you have an item in stock, and you don't ship it within 30 days, that's just stupid business practice.

Bill