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In online auctions, 0:00 on the display does not always mean 0.000000 … seconds remain. A bidder may submit a …Continue reading →
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When an auctioneer sells an aircraft, you are dealing with two legal systems at the same time. Federal law controls …Continue reading →
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Weather affects auction behavior in ways that are not always intuitive. In live auctions, bad weather can actually attract certain …Continue reading →
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In auctioneering, situations like this usually arise in a with reserve auction under UCC § 2-328. The confusion comes from …Continue reading →
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ClerkBid is a practical response to a problem most auctioneers already understand. Live, in-person auctions never went away, but the …Continue reading →
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Auctions create urgency because they replace uncertainty with a clear structure. Yet, your auctioneer may not believe it and may …Continue reading →
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UCC § 2-328 governs auction conduct, including seller bidding, property withdrawal, and buyer remedies. The statute distinguishes between with reserve …Continue reading →
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At any auction, the terms and conditions set the rules of the transaction. Auctioneers must make these terms clear before …Continue reading →
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When a buyer claims that the seller, or someone acting for the seller, bid without authority, the issue falls under …Continue reading →
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UCC § 2-328 can be confusing because it addresses two auction formats in a single sentence. The central issue is …Continue reading →