Is a bidder in a silent auction required by law to pay if they change their mind or the item is not as presented?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Is a bidder in a silent auction required by law to pay if they change their mind or the item is not as presented?
Asked on January 29, 2012 under Business Law, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
A bidder at a silent auction under the laws of all states in this country is required to pay for the item he or she successfully bids upon regardless if he or she changes their mind.
The exception is if there was a misrepresentation as to the item subject to bid and the bidder was not able to find out about the misrepresentation before the successful bid, or if the item is damaged or destroyed before the successful bidder makes payment for the item.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.