000			01542cam a2200217 4500
001			ABS63088
008			000000n2000 000 0 eng u
035			_a(Sirsi) u109716
245			_aBarry v Heathcote Ball & Co (Commercial Auctions) Ltd
260			_c2000
490			_aEstates Gazette _v[2000] 47 EG 178-182(5)
520			_aCA 27 July 2000. The appellent (H) ran an auction business. H accepted two new machines to be sold without reserve at an auction on 25 June 1997. At the auction H gave a price of £14,000 per machine. The respondent (B) was the only bidder, and bid £200 for each machine. H did not accept the bids and withdrew the machines claiming he could get more money selling them elsewhere. B claimed damages on the grounds that he was the highest bidder, and sought the difference between his bid of £400 and the value of both machines of £28,000. Court decided a collateral contract existed between the auctioneer and the highest bidder, and withdrawing a lot would only apply if a dispute had occurred between bidders. H appealed against liability and damages assessment. "Held: appeal dismissed". The Sale of Goods Act 1979 s57 must be complied with if the auctioneer is to bid in a sale by auction without reserve.
590			_aABS
650			_aSALE OF GOODS ACT 1979 S57
650			_aAuctioneering _96218
650			_aWITHOUT RESERVE
650			_aCOLLATERAL CONTRACTS
650			_aBARRY V HEATHCOTE BALL & CO (COMMERCIAL AUCTIONS) LTD
690			_aAuctioneering _96218
942			_n0
999			_c65488 _d65488