Arlo said:
..and at MOST he will get a refund on the items, nothing more. That's how auction conditions of sale work. Moron.
Not if the items were misrepresented.
Arlo said:
..and at MOST he will get a refund on the items, nothing more. That's how auction conditions of sale work. Moron.
sbk1234 said:
I can understand the idea behind punitive damages. But does the plaintiff get it? In my mind, punitive damages should be given to someone else, the city, or some other third party. Just my thought.
T J said:
Lets get it over with shall we?
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Rarewolf said:
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case closed.
Perhaps they made another cause Brent nicked the first?
Haytil said:
Punitive damages are to deter the company from engaging in fraud again in the future. The damages need to be significant, to make sure that the company realizes it is not profitable to continue engaging in fraud.
Consider the alternative: Without significant punitive damages, it becomes easy to profit off of fraudulent auctions. Auction 100 fake props from a famous TV show for $1000 each, claiming they are legitimate.
If 20 people realize it's a fraud, and you aren't liable for punitive damages, then you just have to return the money, right?
So you still end up selling 80 props for $1000 each, totally $80,000 in profit (I'm assuming that a fake prop is fairly cheap and is approximately $0 to produce or acquire).
Significant punitive damages mean you risk losing a lot more than having to offer a refund. So much, in fact, that fraud is significantly discouraged (which is the whole point).
Yes, $7 million is a lot. But Christies sells millions upon millions of dollars worth of items each year. Unless the lawsuit is for millions, it wouldn't really matter to Christies.
22 Stars said:
I own Avery Brook's red and black starfleet uniform from the first 5 seasons of DS9, sold as his screen worn uniform, with his name tag inside and corresponding wardrobe tags.
Rat Boy said:
T J said:
Lets get it over with shall we?
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That's one satisfied isolinear rod.
skylark said:
If Christie's published a correction BEFORE this guy made his bid, is it their fault if he bid anyway?
PKTrekGirl said:
22 Stars said:
I own Avery Brook's red and black starfleet uniform from the first 5 seasons of DS9, sold as his screen worn uniform, with his name tag inside and corresponding wardrobe tags.
Wow! Not to get too far off-topic here...but that's a cool piece of memorabilia to own! Well done! :thumbsup:
3D Master said:
skylark said:
If Christie's published a correction BEFORE this guy made his bid, is it their fault if he bid anyway?
Yes. If everything written and said by auctioneers tells us what is being auctioned in one thing, and then have one tiny footnote in small lettering somewhere that says, "You know, we're really lying when we wrote and say that, you should pretend it means this." it's Christie's fault. They're just plain committing fraud and use the small lettering as a loophole to keep from getting convicted for it. They should be tossed in jail for it.
skylark said:
3D Master said:
skylark said:
If Christie's published a correction BEFORE this guy made his bid, is it their fault if he bid anyway?
Yes. If everything written and said by auctioneers tells us what is being auctioned in one thing, and then have one tiny footnote in small lettering somewhere that says, "You know, we're really lying when we wrote and say that, you should pretend it means this." it's Christie's fault. They're just plain committing fraud and use the small lettering as a loophole to keep from getting convicted for it. They should be tossed in jail for it.
LOL! I'll bet you get suckered by high-interest credit cards because you don't bother to read the contract! (All that fine print, you know.)
Shouldn't the guy who first finds the fraud get a reward for it? That way buyers have a positive motivation to look for suspicious activity, as they get more than their original money back (with or without interest?), and thus sellers have a positive motivation to prevent fraudulent representation as they face, on top of everything else, large and not necessarily predictable fines. (Unpredictability is here a good thing: it makes it harder to budget for their frauds.)3D Master said:
Unless continuing to sell things they are wrong, thus committing fraud and thus a crime, EVERYONE gets a refund, and the people having commit the crime, go to jail for a time. THAT is the way it would be fair, not toss a million dollars to some guy.
Nebusj said:
Shouldn't the guy who first finds the fraud get a reward for it? That way buyers have a positive motivation to look for suspicious activity, as they get more than their original money back (with or without interest?), and thus sellers have a positive motivation to prevent fraudulent representation as they face, on top of everything else, large and not necessarily predictable fines. (Unpredictability is here a good thing: it makes it harder to budget for their frauds.)3D Master said:
Unless continuing to sell things they are wrong, thus committing fraud and thus a crime, EVERYONE gets a refund, and the people having commit the crime, go to jail for a time. THAT is the way it would be fair, not toss a million dollars to some guy.
NCC621 said:
If the guy is simply wrong, as Rarewolf seems to suggest, then maybe the buyer and Brent are liable for libel.
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