These are the rules and requirements are there for Promo LLC and I AUCTION WALK buyers?

When you bid on or buy an item, you’re agreeing to all the rules we’ve put in place for our bidding community. Payment to Seller. Placing a bid in an auction-style event is a legally binding obligation. If you are the successful Buyer, you agree to pay the amount of your bid plus all applicable taxes and charges in the time and manner designated by the Seller. Failure to make such payment shall be deemed a breach of this Agreement. Buyers and Sellers shall be solely responsible for collecting and remitting all applicable sales and other taxes resulting from any transactions through the Promo LLC and I AUCTION WALK Platform, and shall indemnify Promo LLC and I AUCTION WALK for losses related to failure to do so. Must be a valid registered bidder on the I AUCTION WALK platform, having filled out the application form and agreed to the terms and conditions of buying on the online auction. All information listed must be accurate and current.