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Auction - Law Dictionary Search Results

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Market

payment of tolls and observance of bye-laws for the purpose of conducting sales, and that a sale by auction in the vicinity was not a disturbance. Pease and Chitty on Markets and Fairs, and see MARKETS AND

Sale by the court

place before the Master in Chambers. An estate, when sold by the court, is usually sold by public auction, but a private advantageous offer may be accepted at once, without going to an auction. For the procedure

Particulars of sale

Particulars of sale, description of property offered for sale by auction. The property should be described with as much minuteness and accuracy as possible. It is the duty of

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Auctioneers

Auctioneers, licensed agents appointed to sell property and to conduct sales or auctions. They differ from brokers, in that

Knock-out

Knock-out. The arrangement made between persons attending an auction to refrain from bidding in competition one with the other on the sale of certain articles and for

Bidder

Bidder, a person who makes an offer at an auction, which he may retract before acceptance, although there may be a condition prohibiting it. See AUCTION.

sale

Under section 6-102(c), in order for a sale to be considered a bulk sale, the buyer (or an auctioneer or liquidator if the sale is an auction) must have been given notice or been able upon reasonable

licitation

price, from licere to be for sale] : the act of offering for sale or bidding at an auction ;specif in the civil law of Louisiana : a mode of partitioning property held in common by sale

Order

order allowing the application certainly deprives the purchaser of rights accrued to him as a result of the auction-sale, Redhey Shyam v. Shyam Behari Singh, (1970) 2 SCC 405: AIR 1971 SC 2337. The word 'order' which

Innkeeper

38), that in addition to his right of lien, the innkeeper may, after six weeks sell by public auction all goods (advertised at least one month beforehand), horses, etc., left with him by a person leaving the

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