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Old 11-13-2011, 04:09 PM
  #33  
Scorpion1110
Senior Member
RACING JUNKIE
 
Join Date: Jun 2007
Location: Standing right behind you
Posts: 1,151
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Folks:

Suppose Junky was trying to make a deal with another trader named ToTrade? Suppose the deal fell through and jayss10 made the deal. Suppose that Junky contacted jay to see whether he would deal the car as a runner or a roller.

Why cant they discuss price at this time? They are trying to put a deal together. They agree on a price. Jay tells him he will need a deposit before he pulls the motor when he gets the car.

Where are the legal issues here? Many transactions are negotiated on a contingency basis. Also if Junky sent him a deposit, can't it be considered that he is purchasing an option on the car? Right of refusal? Dollars exchanged to be first in line? jay can sell him a place in line if thats what they agree to.

If Jay said I want $500 as deposit and when I get this car I will pull the motor and sell the body to you for $15k, then thats the agreement. If jay doesnt get the car- deal void deposit returned. If Jay doesnt pull motor - deal void deposit returned. But if they have an agreement that is negotiated and its honored how is that illegal? Negotiated terms have to be honored.

The point is that they didnt agree to terms, so there was no deal. No money changed hands. How is this a scamdeal between jay and Junky?

Junky I am still interested in the timeline.

I think they were putting terms together once Jay obtained the car and thats not illegal.

Scorp
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