Hi, everyone, I'm pretty new here and still learning. I'm wondering - does the person who creates a wanted ad have an obligation to buy if a seller posts an offer that meets the terms of the wanted ad in the same way that the bidder on an auction is obliged to buy if he has the highest bid?
Example: I see a wanted ad for a widget at $10. I offer to sell the widget to the wanter at $10 and there are no other offers to sell. Is the wanter obliged to buy the widget from me at $10? If so, do I owe ebid a FVF as in a selling auction? Any insights the membership can share will be appreciated.