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An auction buyer exposed to fraud may have substantial remedies. However, having a remedy and preserving that remedy are two …Continue reading →
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Apparently, this auction technology company did not begin with a product roadmap. It began with a “pattern.” Of course it …Continue reading →
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For auctioneers, I’d rank corded handheld dynamic microphones based on speech intelligibility, gain-before-feedback, rejection of crowd and room noise, handling …Continue reading →
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Auctioneers often promote auctions as the transparent alternative to traditional real estate negotiations. Everyone sees the bidding. Everyone competes under …Continue reading →
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An express warranty made before an auction does not simply disappear when the auctioneer says “Sold!” In many respects, that …Continue reading →
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We have discussed UCC § 2-316 and the importance of allowing bidders an opportunity to inspect property before bidding. However, …Continue reading →
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Anyone contemplating shill bidding or other bid manipulation in an online auction might want to consider one inconvenient feature of …Continue reading →
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Auctioneers routinely tell bidders, “You had an opportunity to inspect.” Apparently, under UCC § 2-316(3)(b), merely making property available for …Continue reading →
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UCC § 2-316(3) should not be read as though subsections (a), (b), and (c) are 3 unrelated provisions that an …Continue reading →
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Auctions differ from nearly every other sales transaction because the seller and auctioneer do not know who the buyer will …Continue reading →