Strange auctions

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I've just found this one

I can't understand how someone could pay 500.000$ for something that he/she never seen?

Am I an ass for wanting to bid a million bucks?

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Being an ass is not enough to bid there.

You must be a really big fat and rich ass to.....

Haha, for a free ROLAX, I might be willing to give it a shot

Weird auctions are starting to get annoying.  Everyone is trying to get on the airwaves for selling some random piece of junk, why dont they just get coverage for making $1B with ebay?

Well, I am waiting for someone to sell something like that, and get sued for every penny they have when the person who bids ACTUALLY PAYS and they don't deliver.

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Some times is really difficult to do that.

Think of that. A small corporation is about to shut down due to financial problems. They create a strange auction like this one, get the money and then none can harm them as they are in bankrupcy (I wish I could write this word right)

bankruptcy

I could understand that, but I am 98% sure there is something that can be done about that. In the purest sense of the word, bankruptcy means that there are absolutely 0 liquid assets, and that debts exceed assets. This would be a way to cut the amount of assets that would need to be sold off, but it wouldn't mean they would put the money in their pockets.

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Here is the way that the company can fail you.

If they have an auction that they sell all of their pcs, and the day that they do the bankruptcy the auction ends, then you propably will not get anything because the first that will get something from them is the banks that lend this company money. So you will propably lose your money.

Of course this is like sience fiction, but my point is that there is allways a way to be cheated in these businesses, and I suppose that it is not worth it when you have to risk so much money.

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