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Businesses

Submission + - 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 reneg because he'd received an offer $100,000 greater than the Ebay sale price elsewhere. 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 defendent and that it should be specifically enforced," Justice Rein said in his decision. All dollar figures are in AUD.

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