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Some Instructions Auction Bidders

February 25th, 2012 Leave a comment Go to comments

Ebay, Auction, business, Marketing, Internet, product, earnings, Sell. Property auction takes place for huge kinds of properties available in the market for sale. Auction is said to be the most required and essential part for commercial auction property. Property will be auctioned based on the basic requirement of the public and the person who list for auction.                                                                                                          For more details go to: www.mining-auction-gold.com some of the investors or buyers will be aware of tips and guidelines required for property auction. While proper guidelines and tips are followed, the bidder of the property auction will find easier to make the auction more successful. Auction is also called has public sale and this public sale fetches more demand among the investors and buyers for reasonable prices. Before you start for bidding for the property listed, as a bidder follow some of the guidelines required. Their will be more number of properties listed for public sale, see the property required from the auction list of the appropriate state. Some of the tips provided for bidder to make his auction success.

Choose the property from the auction list properly and see to that the property selected will be your desire property. Confine with the property selected and go for further property auction. Before choosing the property in auction, see to that the property is eligible and it fetch more profit in the future. Ensure with different information provided for the property to be auctioned. Check too that the property is your desire property.

When the property you choose for auction, confines whether the property goes for guaranteed obligation. Some properties do not give guaranteed obligations, i.e. the auction may be cancelled in between. The bidder should see to that the property will give him guaranteed obligation and fetch him more profit.

Bidding place the major role in property auction and he is the one who decides to purchase the house property. Bidder is the person who bids on the property for the price required. While bidding for the property, the bidder should be very careful and it should be reasonable. For help visit: www.auction-extreme-package.com There are cases where the bidding price will be more than the market price for the property or the price will not be reasonable. Property goes for guaranteed obligation. Some properties do not give guaranteed obligations, i.e. the auction may be cancelled in between. The bidder should see to that the property will give him guaranteed obligation and fetch him more profit.

Bidding place the major role in property auction and he is the one who decides to purchase the house property. Bidder is the person who bids on the property for the price required. While bidding for the property, the bidder should be very careful and it should be reasonable. There are cases where the bidding price will be more than the market price for the proper.

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Shailesh Kumar Singh
http://www.articlesbase.com/internet-articles/some-instructions-auction-bidders-685416.html

  1. Anonymous
    February 25th, 2012 at 12:38 | #1

    can you guys read essay and give me some ideas ,thank you?
    if you be a judge what should you do? my answer was on the bottom, but i dont know are they good reasons or not. can you guys give me some ideas? sorry some sentences were break to the other line, but just continue read. i dont know when i typed i was messed up

    Facts: Sara Kearns went to an auction at Christie’s to bid on a tapestry for her employer, Nardin
    Fine Arts Gallery. The good news is that she purchased a Dufy tapestry for $77,000. The bad news is that it was not the one her employer had to her to buy . in the excitement of the auction she forgot her instructions. Nardin refused to pay, and Christie’s filed suit.
    Issues: is Nardin liable for the unauthorized act of its agent?
    Decision: Nardin’s company would be responsible for paying breach contract with Christie’s
    because it seems that they chose to send Sara on their behalf, so they are responsible for her
    actions.
    Reasoning: Sara’s bid was a contract to purchase the tapestry, so Christie’s tried to collect the
    money. When Sara Kearns signed a contract with Christie’s and she said “her employer, Nardin,
    was going to pay for it. Therefore, Christie’s want to sued Nardin because he refused to pay. On
    the other hand, Sara Kearns had made herself a decision, she would have been as a agent for
    Nardin, but she was just like not as a mere Nardin’s agent, she certainly had Apparent authority. according to Apparent Authority definition: “a principal is liable for the acts of it an agent who is not, in fact, acting with authority if the principal’s conduct causes a thirty party reasonably to believe that the agent is authorized”.Also, Nardin argues that Sara Kearns was not authorized to purchase the Dufy tapestry because it was not the one he want to buy. It’s not a good reason for Nardin to avoid the problem. Sara Kearns represented for Nardin to be a bidder/purchaser, so Christie’s must be recover Nardin, not Sara. Only Sara is liable when she is an agent for the torts of an independent contractor. through the book: “principals prefer agents to be consideration independent contractors
    and not servants because, as a general rule, principals are not liable for the torts of an independent contractor.

  2. Julian
    February 25th, 2012 at 17:40 | #2

    Be a student and figure it out. I don’t mean to be negative towards you. and i don’t care about 10 points either.
    Good luck..you can do it..believe in yourself..otherwise you would’nt be there..right?
    References :

  3. david j
    February 25th, 2012 at 17:42 | #3

    Facts: Sara Kearns went to an auction at Christie’s to bid on a tapestry for her employer, Nardin
    Fine Arts Gallery. The good news is that she purchased a Dufy tapestry for $77,000. The bad news is that it was not the one her employer had told her to buy . in the excitement of the auction she forgot her instructions. Nardin refused to pay, and Christie’s filed suit.
    Issues: is Nardin liable for the unauthorized act of its agent?
    Decision: Nardin’s company would be responsible for paying the breach of contract with Christie’s
    because it is understood that they chose to send Sara on their behalf, so they are responsible for her actions.
    Reasoning: Sara’s bid was a contract to purchase the tapestry, so Christie’s tried to collect the
    money. When Sara Kearns signed a contract with Christie’s and she said “her employer, Nardin,
    was going to pay for it. Therefore, Christie’s want to sue Nardin because he refused to pay.

    On the other hand, Sara Kearns had made herself a decision, she would have been as a agent for
    Nardin, but she was just like not as a mere Nardin’s agent, she certainly had Apparent authority. according to Apparent Authority definition: “a principal is liable for the acts of its own agent who is not, in fact, acting with authority if the principal’s conduct causes a thirty party reasonably to believe that the agent is authorized”. Also, Nardin argues that Sara Kearns was not authorized to purchase the Dufy tapestry because it was not the one he asked her to buy. It’s not a good reason for Nardin to avoid the problem. Sara Kearns represented for Nardin to be a bidder/purchaser. Thus Christie’s must recover only from Nardin, not Sara. Only Sara is liable when she is an agent for the torts of an independent contractor.

    through the book: “principals prefer agents to be consideration independent contractors and not servants because, as a general rule, principals are not liable for the torts of an independent contractor.
    References :

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