Man Accidentally Sells Yacht for $38 in Online Auction
Friday, October 10, 2008
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German courts ruled that a man who accidentally sold his yacht for €22.50 (that's about $38) in an online auction must go through with the transaction, according to reports released on Thursday. The owner of the five figure yacht neglected to set a minimum bid when he registered the boat. The man claimed "technical problems" and "errors" after he realized his mistake. "The standard laws of business transactions also apply to Internet auctions," court spokesman Hubertus Nolte said. "Now the seller must make good on his offer. He can't say after the fact that he didn't want to sell."
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Email6 comments so far | Post a comment now >>
That sucks!
- Natalie
That’s not fair. He made a mistake. People do. He needs to file an appeal.
- ashley
OH CRAP!!!!!!
- Stef
This would be the inverse of ‘Buyer beware’.
- Porttack
That is a ridiculous ruling. Clearly it was an error and so obvious that it is one.
- Felix
Maybe the judge is the new owners friend and thew will be sailing together ??? LOL !1
- Anonymous
