***ONLINE AUCTION TERMS OF SALE***

All items are sold "as is." No returns will be accepted and no refunds permitted. Please read all Special Instructions for each auction item ("Lot")for appropriate expiration date, blackout dates, restrictions, etc. The law of the State of Florida shall govern with respect to all auction sales. The highest acceptable bid received prior to the end of the auction date and time shall be the Buyer, who will assume full risk and responsibility of the Lot. Any Lot may be withdrawn at any time before the actual sale without any liability to any party therefor. In the event of any dispute between bidders, BiddingForGood shall have sole and final discretion either to determine the successful bidder or to reoffer and resell the Lot in dispute.

DISCLAIMER OF WARRANTIES AND LIABILITY

BiddingForGood, the Florida International University Board of Trustees ("University"), the Florida International University Foundation, Inc.("Foundation") and each of their respective agents or employees, make no representations, warranties or guarantees whatsoever, express or implied, with respect to any Lots sold at the Auction. This disclaimer covers information contained in catalogs, online, brochures, and all other printed material published in connection with the Auction. Any and all statements made relating to the Lots are merely statements of opinion and at no time should be construed as warranties and representations of fact or assumptions of any liability. In the case of any dispute, any remedy of the Buyer shall be exclusively against the Lot vendor only and under no circumstances shall any remedy lie against BiddingForGood, the University, the Foundation or any agent or employee thereof.

SALES TAX

BiddingForGood will charge the Buyer any applicable state and local taxes, that it may be required by law to collect. Tax is calculated as a percentage of the entire price paid, including insurance if applicable. A 7% Sales Tax will be added to the final bid on each Lot that is delivered to a Florida address.

FEDERAL INCOME TAX INFORMATION

A general price estimate is assigned to each Lot in the Auction and does not constitute an opinion as to the fair market value of the Lot, or tax treatment of the amount paid for federal income tax purposes. The purchase price of a Lot may be deductible to the Buyer as a charitable donation to Florida International University only to the extent that such amount exceeds the fair market value of the Lot. It is the responsibility of the Buyer to consult with his or her tax attorney to determine the amount of any tax benefit.

TRAVEL LOTS

It is Buyer's responsibility to make his or her own reservations. The purchaser is responsible for researching all applicable passport and visa requirements on foreign travel packages. It is recommended that you book your travel packages within ninety (90) days of purchase to reserve the dates you prefer and plan three-four months ahead of time. Taxes are the responsibility of the Buyer. Only those services listed in the lot description are included. Some restrictions may apply, and are subject to blackout and expiration dates in 2012 and 2013. Unless otherwise indicated, all auction travel packages are for two (2) people and do not include airfares, car rentals, or other transportation to and from destinations. Lost or stolen travel vouchers cannot be replaced.

PAYMENT

Each Buyer must pay the full purchase price of each Lot purchased in US Dollars, including any shipping charges, at the close of the auction. The registered card on file with BiddingForGood will be charged at the close of the auction. Please ensure all payment information is up-to-date to assure that the transaction can be processed. Buyers with declined cards will have 5 business days to provide alternate form of payment. Title to the Lot will not pass to Buyer until full payment (including any applicable taxes, insurance and shipping or other charges, if any) is received.

Buyers Outside of the United States: The actual amount to be paid in your home currency will be determined by the exchange rate used by your credit card company when you are actually charged.

LOT SHIPMENT

Buyer is responsible for all shipping expenses, including but not limited to insurance, if applicable.

THANK YOU to our Industry Advisory Board, Alumni, Friends, and Supporters of the School who have made this auction possible.

 

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