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The item doesn't sell
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∙ 9y ago
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What happens if someone has a loan default statement?
If someone has a loan default statement, it means that the person who took out the loan has not met the terms of the contract, for example they have not met the payments. If this happens then the person who gave out the loan and who the debt is loaned to can take action to recover the money, for example re-possession.
What happens to your 401k if AIG goes bankrupt?
I have a claim on a car insurance policy with AIG. What are the chances of this claim being met?
What happens to a home mortgage if the co-signer does not file bankruptcy but has credit problems?
It will have no affect on the mortgage as long as the lending terms are met by the primary borrower.
From where can i get sample papers of mp met?
sample paper of mp met
How do you get money back from lapsed life insurance met life?
how do you get money back from life insurance met
What happens if you do not meet the reserve when bidding on an eBay item?
Not all eBay listings have reserves set. If a listing does have a reserve you will see the words "reserve not met" near the top of the listing in the official details and they will remain until such time as the reserve is met, at which point they will disappear. If you don't see that wording there is no reserve (even though the seller might say that there is in their own description). When an auction ends and the reserve isn't met, the seller isn't obliged to sell to the highest bidder and can, effectively, withdraw the item. They are able, however, to offer to sell to the highest bidder for the displayed highest bid amount. The highest bidder is then under no obligation and can accept or decline as they choose.
Should a reserve price be declared in an auction?
Declaring a reserve price at an auction generally defeats the purpose of having a reserve price. Let's look at the situation. If a reserve price was placed on an item at an auction and revealed, that would be effectively the same as setting a starting price for the auction. Bidders would know that the unit on the block had a reserve of, say, $100, so unless someone was willing to bid $100 for the unit, why bother to bid at all? The auction bidder would bid the $100 or just remain silent and wait to see what happens next. If a reserve price was placed on an auction item and not revealed, bidders would get a chance to bid against each other and attempt to win the item. As the gavel falls on the last bid, the highest bidder would know he had outbid his competition, but would have to wait to see if he met the reserve. This frustrates many bidders. Further, many bidders simply won't "waste time" bidding on anything with a reserve. Their attitude is to have the seller and auction company set a starting bid and everyone can take it from there. Auctions with a reserve often don't attract nearly as many bidders as they would if there was no reserve. True, the seller won't get to "insure" a minimum return for the item, but that seller will get many more bidders to jump in by not having set a reserve. Anyone who follows eBay auctions will know the general ideas presented here are on point. Lots of eBay items with a reserve (that is not declared) will simply have time expire on the auction without attracting any bidders at all. Most bidders who might be interested in an auction item with a reserve will just pass on it rather than get involved in any bidding. Why bother to bid and attempt to outbid competitors only to risk falling short of a reserve price that is beyond what a bidder bid? Or a price that is beyond the maximum that a bidder would be willing to pay for the item? Auctions with a reserve tend to stiffle bidding.
Does a seller on Ebay have to sell his item when the auction is over?
Yes. You have to sell your item to the high bidder at the end of the auction unless you set a reserve price and that price is not met. Another instance is if the person who won the item did not read your terms. For instance maybe you do not ship overseas and the person lives in Italy. If that is the case then the buyer broke the rules and you do not have to sell your item to him. what!!
What is value of Lorcin model L25?
99 cents OK...no...recent sales on gun auction websites show the L25 to sell from anywhere starting at $40-$50 and I have seen one all black one go for $97, completed auction, reserve met, item sold. I have mine listed for $65 right now on an undisclosed site. Because it's pink. And I hate pink.
How much will an ancient roman sculpture of a horse go for in an auction?
As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.As in any auction, a price to start bidding may be recommended, but there is no guarantee that it will be met or surpassed. The best answer to your question is it will sell for whatever someone else is willing to pay.
Where could a highest buyer for the oil painting 'Curious Onsite Scene' by Henry Cleenewerck be located?
The buyer willing to pay the most for the painting cited might be found at an auction. But most auctions don't let you have a "minimum price" or "reserve" figure in place, which is where unless a given minimum is met, you don't have to sell it. Auction services take a large percentage from sellers. There is the online auction eBay, which will let you place a reserve price on an item, and you won't have to sell it if that minimum is not met. But they get paid, too. And though their readership is large, how will a collector find such a work as this one by looking for it on eBay? You may have to give in to a gallery and let them "market" this piece for you. They have connections you can't hope to gather. And they get paid for their services. If you really do have such a work and you want to sell it for the maximum amount of money you can get, you will never get enough for it. In any case, good luck.
What happens when the ice swan met the fire swan?
fight
EBay when it says reserve not met?
a seller can sett a price of what they want the item to at least sell for and if it doesn't reach this nuber the item will not sell
What are the ratings and certificates for How I Met Your Mother - 2005 Nothing Good Happens After 2 AM 1-18?
How I Met Your Mother - 2005 Nothing Good Happens After 2 AM 1-18 is rated/received certificates of: Netherlands:AL
What happens if physical needs are not met?
if physical needs are not met people will die because phyiscal needs are things people need to survive.
What happens to plants when their needs are not met?
They struggle to survive and ultimately vanish
What happens when a hot cloud and cold cloud meet?
Perhaps there is an equality met.
