Coburlins new name

[Michael de Estrada]

(01-12-2018 08:28 PM)SlideRule Wrote:  Interesting Discussion:
With respect to the term overcharging - the term deeply implies unethical business behavior.
With respect to a dealer charging an exorbitant price - the dealership operates in accord with business/legal contracts/obligations for the manufacturer - yes, LEGAL issue here
B U T
With respect to an auction house selling the same vehicle at an exorbitant price - good question - little to no LEGAL issue here (small consideration for proper representation of the vehicle)

In other words, we might be comparing Apples & Oranges, perhaps?

We often purchase items at a bargain or nominal value that appreciates or accrues in value, WHO or WHAT transfers that value is seldom insignificant and overtly influences the 'character' of the transaction.

BEST!
SlideRule

The car comparison should be an antique and very rare auto to a vintage calculator, where you are buying from a seller of antiquities, not a new product dealer where there is some sort of msrp. In such a case, the seller can set the price as high as he/she wishes, but that does not obligate anyone to buy it. Recently, there was a rare HP-35 Red Dot being auctioned on eBay with a starting bid of $5000, but it did not sell, so the marketplace determined that the price was too high. However, had it sold and the buyer had discovered that it was a fake, then that indeed would be a case of fraud.