(DOWNLOAD) "Farmers & Merchants State Bank Tracy V." by Supreme Court of Minnesota * Book PDF Kindle ePub Free
eBook details
- Title: Farmers & Merchants State Bank Tracy V.
- Author : Supreme Court of Minnesota
- Release Date : January 09, 1944
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 49 KB
Description
Auctioneer -- rule as to liability of auctioneer. 1. The rule with regard to the liability of auctioneers is based on that of agency. If the auctioneer acts for a disclosed principal, the rules of that relationship apply, and unless he does or says something to make himself responsible to the buyer, he is not liable as a principal; but if he sells for an undisclosed principal, he becomes liable for a defect in the title to the property sold or for any misrepresentation as to its condition.