Legal Theory of Auction (Record no. 48862)

MARC details
000 -LEADER
fixed length control field 01900 a2200157 4500
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781032331805
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 343.0811 POL
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Poljanec, Kristijan
245 ## - TITLE STATEMENT
Title Legal Theory of Auction
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Routledge
Place of publication, distribution, etc New York
Date of publication, distribution, etc 2023
300 ## - PHYSICAL DESCRIPTION
Extent 224
520 ## - SUMMARY, ETC.
Summary, etc The widespread understanding of auction structure considers auction as consisting of three contracts: contract between the seller and the auctioneer, contract between the auctioneer and the buyer and the sale contract between the seller and the buyer. The book challenges this concept arguing that the traditional tripartite concept of auction is too narrow and does not correspond to the actual structure of auction relations. Demonstrating that an auction structure consists of a plethora of legal relationships, including non-contractual relations, this book explores the legal concept of auction sale and structure of accompanying relations. The book provides a historical overview of auctions and different auction models. Following a brief introduction to the economic theory, auction models are examined against the following legal criteria: price formation, publicity, parties' autonomy, legal form, and applied technology to find a legal concept and nature of auction. The book explores the legal position of key auction figures and auction objects to identify the categories of legal relations that appear at auction. It explores legal nature of the main contract, as well as relations between the consignor and the auctioneer, the auctioneer and the bidders, the bidders, the consignor and the bidders. The book covers relations arising from droit de suite, financial and bidding agreements to provide a comprehensive overview of less known legal relations that commonly arise in auction practice"-- Provided by publisher.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Auctions Law and legislation
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Legal Theory
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Book
Source of classification or shelving scheme Dewey Decimal Classification

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