Is an ebay auction a legally binding contract

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Reference no: EM131399777

Discussion:

Susan, a wealthy widow, invited an acquaintance, John, to her home for dinner on a specific date at a specific time. Jonathan told Susan that he would be delighted to come to dinner and, eager to impress Susan, spent lavishly in preparing for the evening. His purchases included a new blazer, new shoes, and expensive floral arrangement, and champagne as gifts for Susan.

At the agreed upon time, John arrived at Susan's house only to find that she had left for the evening. John went home and sent Susan an email saying that he came for dinner but she was not home. The next day Susan sent Jonathan an email saying that she was sorry that she had forgotten the dinner and had gone to the theater with friends.

Assume that the facts given are admitted and not in dispute.

John wants to sue Susan to recover damages. Can he? Are all of the elements of a contract present in this case? Is there consideration? Don't be distracted by the silliness of the situation. Concentrate on the questions related to contract.

Your response should be 200 words

Case Analysis

eBay is one of the biggest online auctioning companies in the world. Buyers and sellers of all types are able to hop online, put up something for sale, and sell it! Basically, the way it works is that you find something you want to bid on, place a bid on it, and wait to see if your bid wins. If it does, you send your information to the seller, and in return, he or she sends you your goods.

Is an eBay auction a legally binding contract? In a minimum of 500 words, consider whether a bid placed in an online auction on eBay is legally binding and, therefore, enforceable. Explain your reasoning using the elements of contract analysis that you have learned thus far, including valid offer, valid acceptance, and the various forms of consideration.

Cite any direct quotes or paraphrased material from outside sources. Use APA format.

Reference no: EM131399777

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