How many contracts in an auction sale

Brown, James and Pawlowski, Mark (2016). How many contracts in an auction sale. Nottingham Law Journal, 25 , pp. 1-15.

Abstract

Making sense of auction sales, in terms of English contract law, is no easy task. Despite the common perception of hammers hitting blocks, signifying the creation of the basic sale contract,1 a typical auction sale necessarily involves the making of several forms of contract other than the obvious primary sale agreement. The purpose of this article, therefore, is threefold, namely, to (1) examine these various forms of contractual relationship2 which may come into existence as a result of a traditional (face to face) auction sale; (2) consider specifically the selling of land at public auction with a view to advocating a change in the law requiring the formality of writing for sales contracts of land for both private and public auctions, and (3) compare briefly the contractual elements of an online ascending model of auction sale typified by the eBay phenomenon.

Divisions: Aston Business School > Law
Aston Business School > Law Research Group
Full Text Link: https://www4.nt ... oads/188672.pdf
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Published Date: 2016
Authors: Brown, James ( 0000-0003-4014-6824)
Pawlowski, Mark

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