Statutes > California Statutes > Civil Code > 2362-2363

2362-2363

CIVIL CODE
SECTION 2362-2363 




2362.  An auctioneer, in the absence of special authorization or
usage to the contrary, has authority from the seller, only as
follows:
   1. To sell by public auction to the highest bidder;
   2. To sell for cash only, except such articles as are usually sold
on credit at auction;
   3. To warrant, in like manner with other agents to sell, according
to Section 2323;
   4. To prescribe reasonable rules and terms of sale;
   5. To deliver the thing sold, upon payment of the price;
   6. To collect the price; and,
   7. To do whatever else is necessary, or proper and usual, in the
ordinary course of business, for effecting these purposes.




2363.  An auctioneer has authority from a bidder at the auction, as
well as from the seller, to bind both by a memorandum of the
contract, as prescribed in the Title on Sale.