Ba 260 Business Law Essay

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BA 260 (Business Law) Entire Course IF You Want To Purcahse A+ Work then Click The Link Below For Instant Down Load IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM BA 260 (Business Law) Complete Course WEEK 1 DISCUSSION Hello Class! For this discussion you can choose which question you respond to. Feel free to respond to both, however only one is required. Please respond to one of the following questions: Question A Tell us about yourself so you can meet and greet other fellow Grantham University students within your course. Include what you believe to be your current knowledge level of this course topic and what you hope to…show more content…
The.TV Corporation International below and respond to the following: Should the UCC rules governing auctions apply to items sold on online auctions such as e-Bay? Why or why not? Lim v. The.TV Corp. International, 99 Cal.App.4th 684, 121 Cal.Rptr.2d 333 (2d Dist. 2002). Under the Uniform Commercial Code, or UCC (see Chapter 18), a bid at an auction constitutes an offer. The offer (the highest bid) is accepted when the auctioneer’s hammer falls. The UCC also states that auctions are “with reserve” unless the seller specifies otherwise. As noted elsewhere, in an auction with reserve, the seller reserves the right not to sell the goods to the highest bidder. Hence, even after the hammer falls, the contract for sale remains conditioned on the seller’s approval. The question of how these rules should be applied to an online auction of a domain name, in which no hammer falls, came before a California…show more content…
DotTV posted an announcement on its Web site asking for bids for rights to the “” domain name and stating that the name would go to the highest bidder. Je Ho Lim submitted a bid for $1,010 and authorized DotTV to charge that amount to his credit card if his bid was the highest. Later, DotTV sent Lim an e-mail message stating that he had “won the auction” and charged the bid price of $1,010 to Lim’s credit card. When DotTV subsequently refused to transfer the name, Lim sued DotTV for, among other things, breach of contract. Lim argued that his bid constituted an ac¬ceptance of DotTV’s offer to sell the name. DotTV contended that Lim’s bid was an offer, which it had not accepted. Furthermore, even if it had accepted Lim’s offer, because the auction was “with re¬serve,” DotTV could withdraw the domain name from the auction even after acceptance. The trial court held for DotTV, and Lim

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