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<p>[QUOTE=&quot;Bartelmoose, post: 758001, member: 21313&quot;]<b>wrongo</b></p><p><br /></p><p><br /></p><p>&nbsp;</p><p>Wrongo.</p><p>&nbsp;</p><p>Check the FTC website re: auction transactions conducted via interstate commerce instrumentalities including the internet.</p><p>&nbsp;</p><p>Check also with one of the big classic car auto auction firms on TV like Jackson Hewitt where you see phone/ computer bidding for $100,000+ cars. Enforcing those auction purchases is light years easier for JH simply because it DOES involve interstate commerce laws just &#039;cause the Buyer used his phone or computer to place his winning bid. </p><p>&nbsp;</p><p>Forcing a winning purchaser standing in the tent in Phoenix to fork over all of the $100,000+ for that classic car he just won is a lot harder contract for JH to enforce specific performance on.&nbsp; </p><p>&nbsp;</p><p>It&#039;s all simple contract law applied to interstate commerce (UCC).</p><p>&nbsp;</p><p>BTW, eBay has some auctions for cars, houses, planes etc that reach into the millions and while eBay&#039;s initial listing fees may be based only on an auction that starts out at $0.99, eBay&#039;s final selling fees are substantial. They have a strong interest in making sure people aren&#039;t cheating them out of their final auction fees.[/QUOTE]</p><p><br /></p>

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