UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #9,...

There is substantial case law all across the United States which suggests as an agent for the seller, the auctioneer is bound to verify...

Of those many questions, this one has been asked several times, and it’s usually phrased more-so as a statement. It usually goes like...