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@thecatspjs wrote:

But isn't this discussion in the context of ebay ??

 

I am assuming a seller has specified payment terms in their listing.

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it would apply anywhere? Trading rules and auction rules/laws are the same?

I'm lost, aren't we working out when ownership takes place?

Do all sellers specify payment terms though? I mean apart from method of payment?

I'm thinking if they don't pay when the seller specifies, then the seller has to get the court to rule non performance of the contract. But that doesn't entitle the seller to also non perform.