By placing a bid you are making a "Contract" between
you and the seller. Once you place a bid, you may not retract it. In most
states, it is illegal to win an auction and not purchase the item. The seller
may file a suit against the bidder.
This is a Dutch Action!
There is no proxy bidding in a Dutch Auction, item price does not change
when bidding, When a bid is placed the seller and buyer will be E-Mailed
contact information price and quantity of bid, It is up to the buyer and
seller to contact each other to make necessary arragments.