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A winning bid is a
binding contract for sale with specified monetary damages for failure
to complete the contract for purchase.
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Parents and Legal
Guardians can and will be held responsible, under law, for the
completion of bids made by minors under their care. Similarly,
holders of auction service accounts will be held legally responsible
for any bid placed with their account: Do not give your password
to anyone. By doing so, you are giving them power-of-attorney to bid
for you, and accepting full responsibility for completing purchase of
any winning bids.
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Bidder/buyer
understands and agrees that if Bidder/buyer fails to remit payment via
the specified payment methods shown above within 30 days of the
completion of the auction, Bidder/buyer is considered in default on
this binding, non-revocable contract for purchase, and at such time
Bidder/buyer loses all claim to receive said product(s) and agrees to
pay SoftByte Systems three (3) times the agreed (bid) price plus of
all items purchased, as liquidated damages for failure to perform on
this contract.
Bidder/buyer agrees to pay any and all costs
incurred by SoftByte Systems, or its assigns, plus any and all court
costs, reasonable attorney's fees, and collection and discovery fees
subsequent to any judgment.
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Bidder/buyer
agrees that venue is established as Broward County, Florida, for any
litigation arising from comments, feedback, ratings, postings or any
other communication concerning this transaction or the other party,
made by bidder/buyer or seller to any person or persons. Bidder/buyer
agrees to pay all court costs and reasonable attorney's fees and
collection fees for any such litigation if it should result.
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