[geeks] eBay question
Patrick Giagnocavo
patrick at zill.net
Wed Sep 5 07:10:48 CDT 2007
On Sep 5, 2007, at 7:53 AM, Geoffrey S. Mendelson wrote:
>
>> The owner of the item has the right to dispose of his property or
>> not, as he sees fit. In an auction, he sets the terms, since he is
>> the one paying the auctioneer.
>
> But he's advertising it for sale. He's advertising that you can
> "win" the
> auction with a specific minimum. If he has a published reserve,
> then it's
> a misleading advertisement but he does say what the true minimum is.
>
> If it has a hidden reserve he's falsely advertising the minimum bid.
>
Then every auction I have been to over the last 30 years was fraudulent.
Yes, including the one when I was 6.
Feel free to post as many responses as you want, it will not change
this simple fact:
THIS IS HOW AUCTIONS WORK
--Patrick
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