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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Agitation with drop-bid procedure... Posted by Ward-CA- on November 23, 2009 at 8:42 PM In Reply to: DROP BIDS, posted by VeniceRob on November 23, 2009 at 8:12 AM Though the drop-bid practice may be found to be illegal according to AZ law, that won't necessarily mean it would be illegal according to CA law. But the negative hullabaloo stirred up in AZ might motivate a change here in CA. --------Ward ================ : : Is the practice of drop bids when they are only disclosed 5 minutes before the sale, legal ? Maybe it should be clearly advertised to everyone ? : Anyway in Phoenix it is under investigation check out this link. : http://www.azcentral.com/arizonarepublic/news/articles/2009/11/22/20091122dropbid1122.html?ref=patrick.net Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Though the drop-bid practice may be found to be illegal according to AZ law, that won't necessarily mean it would be illegal according to CA law. : But the negative hullabaloo stirred up in AZ might motivate a change here in CA. : : --------Ward : ================ : : : : Is the practice of drop bids when they are only disclosed 5 minutes before the sale, legal ? Maybe it should be clearly advertised to everyone ? : : Anyway in Phoenix it is under investigation check out this link. : : http://www.azcentral.com/arizonarepublic/news/articles/2009/11/22/20091122dropbid1122.html?ref=patrick.net [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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