Auctions in general - The Supercar Registry

#26

02-22-2008, 09:46 PM

njsteve njsteve is offline

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Re: Auctions in general

[ QUOTE ]
Why is it legal for R&S to "bid up to the reserve" on a car I might have in their auction, but it's not legal for for my brother-in-law to do the same thing?

[/ QUOTE ]

Most likely because when both the sellers and bidders sign those multi-page contracts, the microscopic boilerplate language in their paperwork says they both agree to it (whether they actually realize it's in there or not.)

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