21 Mar
1999
21 Mar
'99
2:32 a.m.
On Sun, 21 Mar 1999, Barry A. Watzman wrote:
But, perhaps a better way would be for E-Bay to create
a new class of
"Bonded Buyers and Sellers", in which E-Bay has credit card numbers
from both buyer and seller, and both buyer and seller have agreed to
binding arbritration by a 3rd party [E-Bay]. A bonded seller could
designate an auction as open only to bonded bidders, with the
assurance on both sides that the transaction WOULD be completed and
that items offered would be as described.
Actually, a fourth party arbitrator beholden to none of the above.
--
Ward Griffiths
"the timid die just like the daring; and if you don't take the plunge then
you'll just take the fall" Michael Longcor