Online Auction

Rules and Regulations 2020

Please Note: Your bid indicates your willingness and intent to purchase that item and be the high bidder at the close of the auction, Tuesday December 8, 2020 at 1:00 pm EST. We strongly urge you to visit or contact the participating business to view or find out more about the item(s) you are interested in and intend to purchase. ALL AUCTION SALES ARE FINAL.

1. By participating in the Junior Achievement (JA) 50th Anniversary online auction, you acknowledge that you have read, understood, and accepted these rules. JA reserves the right to update and change these rules from time to time. In the event that the rules or item descriptions and prices published in advertisements are different from those published on the auction web site, the rules found on the auction website will be taken as the most up-to-date and correct.
2. JA Waterloo Region provides www.jaauction.ca as a venue for retailers and businesses to donate items or services in support of this auction to give you items or services for you to bid on. JA is not involved in any transaction entered into through any of the donors except to the extent that JA will collect the total bid price for items.
3. The JA auction makes no representations or warranties and there are no conditions of any kind, expressed or implied, statutory or otherwise, with respect to the goods and services offered through www.JAauction.ca, including without limitation:
   • Implied warranties of merchantability, fitness for a particular purpose, title and non-infringement
   • Any implied warranty arising from course of dealing or usage trade
   • Any obligation, liability, right, claims or remedy in tort, whether or not arising from the negligence of the JA Board.
4. All items in the JA auction are new and come with applicable warranties, as determined by the seller. The JA Board is not the seller of the items and assumes no responsibility for the items in any respect.
5. All items are sold on “as is where is” basis which assumes that the buyer knows what he/she is purchasing. All auction sales are final.
6. Participation is open to anyone 19 years of age or over with the exception of employees of sellers or sellers who have submitted items to the JA auction and their immediate families. Such employees or sellers of the participating business may bid, but not on items that are provided by their respective companies.
7. Neither the JA Board or the JA Auction Committee nor any of its employees is responsible for any claims relating to the use of any goods, the provision of any services, as a result of your participation in the auction.

BIDDING RULES

1. JA’s 50th Anniversary Online auction commences on Thursday, November 12th, 2020 at 1:00 pm (EST) and ends Tuesday, December 8th, 2020 at 1:00 pm (EST). Bids will be accepted during this time period only.
2. Bids may be placed online 24 hours per day at www.JAauction.ca
3. The Online Auction Committee will set a starting Bid for each item. The starting bid is the minimum amount required to participate in the bidding for that item. All bid amounts must be in whole dollars (i.e. no cents) and must meet or exceed the set minimum bid increment posted for each auction item.
4. Each item has a Reserve Status, which indicates one of two values: RESERVE NOT MET. The amount of the highest Maximum Secret Bid is less than the Reserve Value and the item will not sell. RESERVE MET. The amount of the highest Maximum Secret Bid is at least as much as the Reserve Value and the item will be sold to the highest bidder.
5. It is your responsibility to monitor the outcome and status of your bids on the JA auction website and, in the event that you are outbid by another bidder, determine whether to continue bidding on an item. If you are outbid by another bidder with a higher Bid, you must submit a new Bid in order to continue your bidding on that item. If you submit a new Bid, that bid supersedes all your previous bids on that item. Under no circumstances will retraction of a bid be allowed. If in a case you submit a Bid against yourself, both bids will be considered valid irrespective of the fact that you submitted both bids.
6. If your Bid is exactly the same as another bidder’s previously placed Bid on the same item, the bidder whose bid was placed first shall be declared the leading bidder.
7. In the event of a dispute between bidders or between bidders and the Online Auction Committee, or in the event of doubt or dispute as to the validity of any bid, the Online Auction Committee will have the discretion to determine the successful bidder. All decisions by the Online Auction Committee are final and binding and not subject to review or appeal.

PAYMENTS RULES

1. At the close of the JA Online auction, the Committee will determine the winning bidder (the buyer) for each item and will contact that bidder by e-mail and/or phone within five days to notify him/her of his/her winning status and request payment. As the buyer, you may not retract your bid and are obligated to make full payment of the total purchase price (bid) within three days of notification being initiated by the Committee. If a buyer cannot be contacted, or if payment is not received in full within three days of contact first being initiated, the Committee reserves the right but is not obligated to disqualify that buyer and offer the next highest bidder the opportunity to purchase the item. If such offer is accepted you will be obligated to make full payment of the total purchase (bid) price within two days of acceptance. The Committee reserves the right to continue the process of disqualification and notification of subsequent bidders, or to remove the item from sale. Notice of your winning bid with instructions will be provided by e-mail or telephone. This information will be posted on the on-line auction site. Payment types accepted: cash, cheque or credit card (through the JA website or e-card reader for credit card only).
2. The total purchase price of an item for each winning buyer is defined as the leading bid for the item at the close of the auction. In the event that a buyer is disqualified and the item offered to the next highest bidder, the total purchase price shall be the next highest bidder’s Maximum Bid.
3. Once full payment of the total purchase price has been made on the item, the buyer will receive their obtained auction items. All item delivery or pick-up arrangements must be made with the respective seller. Delivery may incur additional charges above and beyond the total purchase price, to be negotiated separately between the buyer and seller. In the event that the buyer cannot pick-up the item, arrangements can be made to have the item shipped at the buyer’s expense. All sales are final.
4. If the buyer fails to comply with these rules – including the obligation to make full payment of the total purchase price within the time limits and terms set out herein, in addition to other remedies available to the JA Online Auction and the seller – JA or the seller may cancel the sale and re-offer the item. Buyers will remain liable for any damages or losses caused by their default.
5. All items must be picked up within one month of payment, or item may be forfeited to the respective seller and payment may be forfeited to JA.

PRIVACY RULES

1. You must register to place bids. Registration requires your full name, address, phone number(s) and email address. This information will be used to contact you in the event that you are a winning bidder.
2. All information collected is for the sole use of the JA auction. This information will not be communicated to any other their parties without your written consent.