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| BUYERS AGREEMENT (Obligations of Buyer Regarding Payment)
1. Submitting a Bid Price. Each submission by a Buyer of a "Bid Price" to purchase a designated item creates a binding and irrevocable obligation on the part of the Buyer, if any Bid Price has been accepted, to pay fully and promptly the Total Sales Price and all other sums due, and perform any other conditions with respect to completion of the applicable sale. Once placed, a Bid Price may not be cancelled. Buymyart.net is not responsible for any errors or omissions in connection with the transmission of a Bid Price to Buymyart.net. Buymyart.net reserves the right to reject any Bid Price at any time or to require further information from you in order to be able to evaluate and /or process the order. In the event of the submission of Identical Bid Prices, the first Bid Price received by Buymyart.net will take precedence. In the event of any dispute between Bid Prices, or in the event of doubt as to the validity of any Bid Price, Buymyart.net will have final discretion in resolving the matter, including any dispute that arises after the sale. All amounts are in U.S. dollars unless otherwise stated. 2. Buyer with Legal Authority Submitting a Bid Price is limited to parties who are at least 18 years old and can lawfully enter into and form contracts. 3. Information Required In order for your Bid Price to be considered, you must provide, or have provided, certain valid information such as your real name, phone number, e-mail address, and other information including but not limited to, information needed to process a charge or charges on your credit card in the amount of the Total Sale Price. By submitting an Bid Price, you specifically authorize Buymyart.net to transmit the requested information above (including any updated information) or to obtain information about you from third parties from time to time, including but not limited to your credit card number or credit reports (including credit reports for your spouse if you reside in a community property jurisdiction), to authenticate your identity, to validate your credit card, to obtain an initial credit-card authorization and to authorize purchase transactions. Each buyer specifically authorizes Buymyart.net to charge on the Buyer's credit card up to the amount required to finalize any transaction in accordance with this Agreement. Buyer specifically acknowledges that if Buymyart.net is unable for any reason to collect funds sufficient to completely cover the costs of any transaction to which the Buyer is a party, Buymyart.net reserves the right to turn such matters over to collection agents. You also specifically authorize Buymyart.net to share such information with other dealers or galleries and their affiliates. 4. Forms of Payment For payment from Buyer, Buymyart.net accepts the following major credit cards:Visa, Mastercard. All payments must first be received, processed and cleared prior to shipment of merchandise. 5. Tax The Total Sales Price includes any sales tax or use tax. With the exception of sales tax applied to Pieces for delivery in Texas, Buymyart.net is not obligated to determine whether taxes apply and is not responsible to collect, or remit, or report any sales or use taxes arising from any transaction. Note that even if sales tax does not apply, the Buyer may be subject to pay a compensating use tax or other tax in his or her domicile. It is the Buyer's responsibility to determine whether sales, use, or other taxes apply to the transactions and to report and remit the correct tax to the appropriate tax authority. If you are not sure, please take a moment to call your Certified Public Accountant. 6. Fraud All forms of payment must be validly submitted and all information provided accurate to Buyer's best knowledge. For example, the credit card used must be valid, issued in the Buyer's name from an account in good standing with a reputable financial institution and have sufficient available credit to process the amount charged on the card. Buyer may not submit any information under a false name, under false pretenses or use an invalid or unauthorized form of payment. Buyer may not submit a Bid Price under a false name or impersonate any participant. Such fraudulent conduct is a violation of federal and state laws. Fraudulent conduct may be reported to law enforcement authorities, and Buymyart.net will cooperate to ensure that violators are prosecuted to the fullest extent of the law. 7. Charges and Disputes After credit-card charge is approved, Buymyart.net will ship the Designated Item to Buyer. The Buyer is bound by any credit-card charge he or she remits to pay for a transaction. With the exception for returns as set forth below in section B or C, in the event of any dispute, the Buyer will attempt to resolve any dispute directly with Buymyart.net. 8. Shipping Fees, Duties, and Insurance Once Buymyart.net has received full payment for the Total Transaction Fee for the Designated Item from Buyer, Buymyart.net will undertake initiatives to ship the Designated Item to Buyer. Buyer is obligated to pay for shipping and insurance (for loss of physical damage with a value no less than the Total Sales Price) for the Designated Item. Buymyart.net is responsible for selecting the shipper, ensuring it is packed properly. Buymyart.net generally uses FedEx for shipments valued under $500.00 and Transglobal Insurance for shipments valued over $501.00. Shipping cost and insurance price for each Designated Item will be determined BEFORE the Buyer agrees to shipment and will be included in the Total Transaction Fee. 9. Damaged Package/Piece Upon Arrival.
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