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Is there a clause on ebays disclaimer or policy

essasin

Platinum Member
I was wondering if there is a clause on ebay that states that an closed auction is a binding contract. I can't find and I'm wondering if it exists because I can't find it.
 
"Bidding is meant to be fun and enjoyable, but remember that each bid you place enters you into a binding contract. If you win a listing, you?re obligated to complete the transaction. Read the User Agreement for details."

Binding contract linkage
 
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