Common Contracts
1 similar Auction Agreement contracts
AbstractAuction Agreement • August 2nd, 2019
Auction as a sale-purchase agreement, so the regulation by BW also valid in an auction. Elements of auction are same in definition of sale-purchase, there are, the subject law as seller and buyer, the agreement between seller and buyer about goods and price, the rights and obligations which arising of parties the seller and buyer. The essence of auction and trading is the goods and the payment of price. Auction is trading contracts, the legal relation in auction is between the seller, bidder buyers through official auction.
