Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
E Bay question
>
Reply to Thread
Message:
<p>[QUOTE="satootoko, post: 221743, member: 669"]True, if there is no modification of that responsibility in the actual contract.</p><p><br /></p><p>However, a fundamental concept of the law of contracts in a common law jurisdiction (including the US, each state of the US except Louisiana, Canada, England, etc.) is that the contract between two parties is what <u>they</u> say it is, unless it violates a specific statute.</p><p><br /></p><p>When a seller (at auction or otherwise) says "You pay for shipping, and I won't be responsible for delivery unless you insure the merchandise", and the buyer, by entering a bid or otherwise, says "It's a deal", then unless there is an applicable law saying "A seller's responsibility for delivery may not be waived" you have an "FOB Seller's place of business" contract. </p><p><br /></p><p>Consumer laws sometimes do restrict the right of the parties to alter some implied contract conditions, but none of the dozen or so states whose consumer laws I am familiar with from my years as counsel for banks and finance companies involved in multi-state operations, prohibits the agreement to limit seller responsibility for delivery; and the Uniform Commercial Code and similar laws expressly authorize FOB contracts.</p><p><br /></p><p>Another important factor to keep in mind any time you are dealing with a counterparty outside your immediate geographic area is the practical difficulty of enforcing any breach of contract by a distant party, which often (not always) will require you to resort to the courts where the other guy is, not where you are![/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 221743, member: 669"]True, if there is no modification of that responsibility in the actual contract. However, a fundamental concept of the law of contracts in a common law jurisdiction (including the US, each state of the US except Louisiana, Canada, England, etc.) is that the contract between two parties is what [u]they[/u] say it is, unless it violates a specific statute. When a seller (at auction or otherwise) says "You pay for shipping, and I won't be responsible for delivery unless you insure the merchandise", and the buyer, by entering a bid or otherwise, says "It's a deal", then unless there is an applicable law saying "A seller's responsibility for delivery may not be waived" you have an "FOB Seller's place of business" contract. Consumer laws sometimes do restrict the right of the parties to alter some implied contract conditions, but none of the dozen or so states whose consumer laws I am familiar with from my years as counsel for banks and finance companies involved in multi-state operations, prohibits the agreement to limit seller responsibility for delivery; and the Uniform Commercial Code and similar laws expressly authorize FOB contracts. Another important factor to keep in mind any time you are dealing with a counterparty outside your immediate geographic area is the practical difficulty of enforcing any breach of contract by a distant party, which often (not always) will require you to resort to the courts where the other guy is, not where you are![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
E Bay question
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...