In Australia, An Ebay Sale is a Sale

syousef writes "An eBay sale is a sale says an Australian New South Wales State Judge in a case where a man tried to reneg on the Ebay sale of a 1946 World War II Wirraway aircraft. The seller tried to weasel out of the deal because he'd received a separate offer $100,000 greater than the Ebay sale price. The buyer who had bid the reserve price of $150,000 at the last minute took him to court. 'It follows that, in my view, a binding contract was formed between the plaintiff and the defendant and that it should be specifically enforced,' Justice Rein said in his decision." I haven't found anything like this in previous discussions; have there been similar decisions like this handed down in the US, Canada, or Europe?

Comments

-ian?

[ObsessiveMathsFreak]

Since preciously few business transactions are conducted within the person of citizens of Australia, I'd say this matter is one of only fairly esoteric academic interest.

In Australian, An Ebay Sale is a Sale

[geeber]

How about that, the word for 'sale' is the same in English and Australian!

Re:Early cancellation

[MobyDisk]

I will not bid on any item that has a reserve So if someone puts an item out there that you are willing to pay $100 for, and they put a reserve at $10, you won't buy the item on principle? That's pretty lame.