Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-05-03
2011-05-03
Kalinowski, Alexander (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S026640, C705S027200, C705S039000
Reexamination Certificate
active
07937312
ABSTRACT:
A computer system is used to facilitate a transaction between a seller and at least one buyer by receiving at the computer system a binding offer to sell an item. The binding offer to sell, which includes at least a binding sale price, is output to a plurality of potential buyers. A binding acceptance of the binding offer by at least one buyer is received at the computer system. The received binding acceptance includes payment information sufficient to authorize payment of the sale price to a third-party, for example, a trusted intermediary independent of the seller and buyer who keeps the buyer's payment information confidential. In one embodiment, the buyer may elect to take delivery of the item or may elect to re-post the item for sale or auction. In another embodiment, a potential buyer may respond to a binding offer for sale by making a binding counteroffer, which the seller may then accept or reject.
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Spei
eBay Inc.
Johnson Gregory
Kalinowski Alexander
Schwegman Lundberg & Woessner, P.A.
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