I thought only Malaysians have the mentality that they could back out of an eBay or Lelong deal. Many failed or refused to understand that to place an item on auction and to have a winning bidder for it, is a contract that has to be adhere to by the terms set by the auction marketplace, UNLESS both decided to back out of the deal.
From what I have read, the Buyers who back out of such deals are always people who have found a similar item at a lower price and the Sellers who back out are people who changed their minds because they are able to sell the item at a higher price to someone else.
And if there are Sellers who change their mind WHILST the auction is on-going, they will ask their contacts to bid on the item, hence created price jacking.
I remember there was once when an auction marketplace was just opened in China (was it eBay? I can't remember) and there was a man who won a car for only a few bucks. Obviously, the Seller refused to sell and so he was brought to court and lost! Hah.. what did he expect?
From what I have read, the Buyers who back out of such deals are always people who have found a similar item at a lower price and the Sellers who back out are people who changed their minds because they are able to sell the item at a higher price to someone else.
And if there are Sellers who change their mind WHILST the auction is on-going, they will ask their contacts to bid on the item, hence created price jacking.
I remember there was once when an auction marketplace was just opened in China (was it eBay? I can't remember) and there was a man who won a car for only a few bucks. Obviously, the Seller refused to sell and so he was brought to court and lost! Hah.. what did he expect?

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