P3D Re: ebay auctions

[michaelk@xxxxxxxxxxx (Michael Kersenbrock)]

> I'm a little confused as to what happens if the price of the item never
> goes above the reserve price.  The wording on this is rather cryptic
> which is why I usually don't bid on anything that has a reserve set.

If it doesn't go above that threshold, then the seller isn't obligated
to sell the item nor is the buyer obligated to buy it.  At any price.

If the price goes over the threshold, then both are obligated to 
the transaction.

Mike K.


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