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Single post in Rule Updates - February 2021

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Methos's AvatarMethos
Methos's Avatar

QUOTE originally posted by Mischevious

About the auction rule What if both Highest Bidder and the owner of the thread agree to cancel the highest bidder's offer? Would that be against the rules?
While normally a trade agreement could be cancelled by the agreement of both parties, an auction setup doesn't really allow for this. For example, should the highest bidder revoke their bid, then the previous runner up would suddenly become the highest bid again. However, they may have already spent their bid payment elsewhere (which they would be allowed to do). Canceling a highest bid can effectively destroy the validity of an auction, just as changing the conditions of an auction would, forcing the auctioneer to start over from the beginning.
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