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    Business Law: Online Auctions

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    Why should you beware of "kid-bids" (bids by children)? What are other drawbacks to online auctions?

    © BrainMass Inc. brainmass.com June 4, 2020, 1:51 am ad1c9bdddf

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    Why should you beware of "kid-bids" (bids by children)?

    The problem with kid-bids is that a minor, in most states, depending on the age, cannot enter into a contract. When you make a bid to purchase an item, you are stating an intent to purchase. Therefore, an offer and acceptance. A code section for this would be determined ...

    Solution Summary

    The solution discusses "kid bids" and other drawbacks to online auctions.