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If two parties can't decide on the value, I would think it's only natural there would be no transaction. If I set the value of my photo at $2 million and compa
by nocturnial 7y ago
If two parties can't decide on the value, I would think it's only natural there would be no transaction.
If I set the value of my photo at $2 million and company X sets it at $0.20, am I forced to sell it at $0.20? If two people can't decide on a valuation it's only fair there's no transaction.
- o-__-o 7y agoDepends. If it is your photo, then you own the copyright and you entirely have the right to set a price or not share it at all (don't click 'I agree' on those TOS) If it is not your photo, then unless you are a celebrity or otherwise a famous figure the law is quite clear that you do not have any recourse for your photo being used. You must use the courts to determine the valuation of your likeness.
- deleted 7y ago[deleted]
- perl4ever 7y agoIf you own a share of stock whose market price is $10, and someone buys the company for $20, you can't personally refuse to sell for under $50. You will, typically, be cashed out on a certain date without any action on your part. In the past, I've run into people who just won't believe this.