Warning from eBay:

[Aquarian Sports Cards]

Originally Posted by Beastmode

This. E-bay has far more to lose in a legal tussle over e-mails in your messages. It's already clear they are violating contract law with respect to retractions. The minute they come after a seller for a minor offense, the counter suit for allowing someone to bid and then retract would be far more harmful to them.

I would not be intimidated at all by dumb and dumber lawyers over at e-bay.

Actually they are following the UCC to a "T." The UCC states unequivocally that a bid is NOT a contract until the item has been called sold and may be retracted at any time until the item is called sold.

Also it is not possible to sign away your UCC rights, so if you accept someone's bid you HAVE to accept their retraction regardless of what you say your policy is, even if the bidder has agreed to your policy!

However there is nothing saying that you have to continue accepting bids from someone who has retracted bids in the past.

I know this won't be a popular post but I am 100% confident on my knowledge of the law on this issue since it was beaten into me in class very recently You can search elsewhere on this site for a discussion between myself and a lawyer/member on this very issue. I think it was an interesting discussion, and germane to the interests of a lot of the users here.