Question: Is an eBay auction a legally-binding contract? Consider whether a bid placed in an online auction on eBay is legally binding and, therefore, enforceable. Explain

Is an eBay auction a legally-binding contract? Consider whether a bid placed in an online auction on eBay is legally binding and, therefore, enforceable. Explain your reasoning using the rules of contract analysis that you have learned thus far, including valid offer, valid acceptance, and the various forms of consideration.An introduction is needed.

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