>>>>> "SnowDog" == SnowDog <[EMAIL PROTECTED]> writes: SnowDog> "9.1.2. Erroneous Exchange Rate SnowDog> G&SR reserves the right to cancel an OmniPay order if the SnowDog> exchange rate for the transaction was clearly erroneous. This SnowDog> repudiation shall apply even if G&SR has already fulfilled SnowDog> the order before recognizing the error." Presumably any exchange provider could have such a clause in their contract. They may not be able to get the gold back in the case of an inexchange, but it is very likely they could get a court order if necessary to get money back (whether an order to make an egold spend if that is where the other party has funds, or an order for a fiat payment) to even things up. At least in the case of domestic transactions.... Don't forget that the e-gold agreement does allow repudiation if ordered by a court of competent jurisdiction. The only question -- and it may not even be in question, depending on relevant case law -- is whether they could convince a court that the exchange rate was clearly erroneous and that the clause is reasonable. (At least, AFAICT, not being a lawyer....) -JimC -- James H. Cloos, Jr. <http://jhcloos.com/public_key> 1024D/ED7DAEA6 <[EMAIL PROTECTED]> E9E9 F828 61A4 6EA9 0F2B 63E7 997A 9F17 ED7D AEA6 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
