Quote:
Originally Posted by ArtPE
this is a bit more complicated than it appears:
the dealers contention is that a human mistake was made by not listing a 'reserve' ~ = to the BIN price....correct?
do we agree upon this?
now, if you go to a bank and a teller gives you too much by 'mistake', or a cash machine is programmed wrong by a human, or by mechanical fault and gives you too much cash, can you keep it? no, they will automatically deduct it from your account...the law allows them to do so...
same goes for a legal bid in construction...
if the bidder contends that he made an human error (math, etc.), and catches it, he has a right to withdraw that bid within a 3 day time frame...without penalty or bond consequences
the system is set-up to allow for honest mistakes, and to not be punished for them...
he did nothing 'wrong', he made a 'mistake'...
if it was willful, it's another matter...
good luck...legally I'm not sure you have a case...but you may be able to 'shame' them into capitulation...
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Oh he has a case my friend.
Plus before you submit your auction, it clearly states to look over it before you submit.