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Canceled my winning bid…
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<p>[QUOTE="masterswimmer, post: 7853592, member: 102022"][USER=108985]@cplradar[/USER] you totally fail to understand the commerce being conducted in an auction. Under no circumstance whatsoever is it a retail transaction. You keep referencing laws pertaining to retail when they are two totally different transactions. The auction house is just like a realtor that keeps no inventory. Or a stock broker that keeps no inventory. An auction house is a broker to a transaction that puts a seller and buyer together.</p><p><br /></p><p>If the buyer is unable to comprehend the rules and guidelines of the sale then they shouldn't be getting involved. I don't fully understand the investments of options or derivatives, so I avoid them. Know your limitations and venture where you are knowledgeable and comfortable.[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 7853592, member: 102022"][USER=108985]@cplradar[/USER] you totally fail to understand the commerce being conducted in an auction. Under no circumstance whatsoever is it a retail transaction. You keep referencing laws pertaining to retail when they are two totally different transactions. The auction house is just like a realtor that keeps no inventory. Or a stock broker that keeps no inventory. An auction house is a broker to a transaction that puts a seller and buyer together. If the buyer is unable to comprehend the rules and guidelines of the sale then they shouldn't be getting involved. I don't fully understand the investments of options or derivatives, so I avoid them. Know your limitations and venture where you are knowledgeable and comfortable.[/QUOTE]
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