weirdid
July 17th, 2004, 07:30 AM
In the UK we have a regulation called;
The Consumer Protection (Distance Selling) Regulations 2000.
http://www.hmso.gov.uk/si/si2000/20002334.htm
This gives a person, thats not "present" at the time of
purchase,a 7 day time slot in which that can change their
mind, and cancel the sale.This applies to sales by phone,
email, or letter post.
The purchase has to be made from a registered company, or
"trader", it does not apply when buying from an auction or
private person.
The definition of "trader" is, "a company or individual who
sells for profit".
If you have a sale and sell off all your old junk from
your garage, you are not a trader,but, if i buy your
goods, and then advertise and sell them at a profit, i am
classed as a trader.
On ebay there are many BIN (buy it now) sales, these
sales are at a fixed price and therefor are NOT an
auction, the contract is between buyer and seller.
If we take the case of a "pyramid/matrix link" BIN sale,
the seller is selling for a fixed price and pure profit,
so falls within the regulations, if they are uk based.
As a test, to see how ebay reacts,a friend has purchased
a "pyramid/matrix link" BIN, from a uk based seller on
ebay.uk, and has mailed the seller to cancel the
purchase, and enclosed a link to the regulations.
It will be interesting to see what action ebay takes when
the seller files a NPB (non paying bidder) complaint.
I will update this post when i get more news.
weird
The Consumer Protection (Distance Selling) Regulations 2000.
http://www.hmso.gov.uk/si/si2000/20002334.htm
This gives a person, thats not "present" at the time of
purchase,a 7 day time slot in which that can change their
mind, and cancel the sale.This applies to sales by phone,
email, or letter post.
The purchase has to be made from a registered company, or
"trader", it does not apply when buying from an auction or
private person.
The definition of "trader" is, "a company or individual who
sells for profit".
If you have a sale and sell off all your old junk from
your garage, you are not a trader,but, if i buy your
goods, and then advertise and sell them at a profit, i am
classed as a trader.
On ebay there are many BIN (buy it now) sales, these
sales are at a fixed price and therefor are NOT an
auction, the contract is between buyer and seller.
If we take the case of a "pyramid/matrix link" BIN sale,
the seller is selling for a fixed price and pure profit,
so falls within the regulations, if they are uk based.
As a test, to see how ebay reacts,a friend has purchased
a "pyramid/matrix link" BIN, from a uk based seller on
ebay.uk, and has mailed the seller to cancel the
purchase, and enclosed a link to the regulations.
It will be interesting to see what action ebay takes when
the seller files a NPB (non paying bidder) complaint.
I will update this post when i get more news.
weird