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EBay Got This Absolutely Right (for a change)
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<p>[QUOTE="bahabully, post: 651940, member: 17555"]No, I'm not a lawyer, nor do I know the law verbatim, but I have had one or two discussion with the legal department regarding what to do about potential buyer fraud (well docuement). What I've stated above comes from listening to them, and they are a large legal 'department'. </p><p>Your cliam of absolution realized within the text of an ebay auction verbage is not gonna cut it... there are simply too many problems with that.... and I promise you, if you do ever have to go to "federal" court for a $50 coin and defend yourself vs. a mail fraud complaint, you'll spend a bit more than the cost to replace a roll of $50 coins.</p><p> </p><p>Also,, watch out for the "Delay" snippit in your auction... you can only "hold" a customers order so long,,,, then it becomes mail fraud ( I "think" 30 days ).... To "delay" longer, you'd have to call the buyer, cancel the order, return the $, and then actually re-sell the item, resend the $, etc.......</p><p> </p><p>... the business case related to defending yourself is 1000-1 loser for you (depending on how much business you do), even if you win. And if you lose, you can be "SHUT DOWN",, CLOSED....(on top of the legal expense, federal fines, etc.).. so bake in all the profit you do annually on the down side consideration before you decide to get to legal with a buyer.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 651940, member: 17555"]No, I'm not a lawyer, nor do I know the law verbatim, but I have had one or two discussion with the legal department regarding what to do about potential buyer fraud (well docuement). What I've stated above comes from listening to them, and they are a large legal 'department'. Your cliam of absolution realized within the text of an ebay auction verbage is not gonna cut it... there are simply too many problems with that.... and I promise you, if you do ever have to go to "federal" court for a $50 coin and defend yourself vs. a mail fraud complaint, you'll spend a bit more than the cost to replace a roll of $50 coins. Also,, watch out for the "Delay" snippit in your auction... you can only "hold" a customers order so long,,,, then it becomes mail fraud ( I "think" 30 days ).... To "delay" longer, you'd have to call the buyer, cancel the order, return the $, and then actually re-sell the item, resend the $, etc....... ... the business case related to defending yourself is 1000-1 loser for you (depending on how much business you do), even if you win. And if you lose, you can be "SHUT DOWN",, CLOSED....(on top of the legal expense, federal fines, etc.).. so bake in all the profit you do annually on the down side consideration before you decide to get to legal with a buyer.[/QUOTE]
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